Successful entrepreneurs are exclusively motivated by the desire to become rich.
Answer the following statement true (T) or false (F)
False
Entrepreneurs are often motivated by the challenges and opportunities of starting and operating a business, and by the chance to be independent. Thus, earning a profit is only one of the goals that motivate entrepreneurs.
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Lisa loves her job as an executive recruiter for a large hospital located in Dallas, Texas. Part of Lisa's job requires her to gather industry information, collaborate with partners, compare competitors, and tap into the knowledge of prospective employees, partners, and customers. Which of the following would Lisa use to perform her job?
A. Interactivity metrics B. Source code C. Network effect D. Collective intelligence
SIPs are state plans for implementation of air quality standards
Indicate whether the statement is true or false
All American National Company earned $240,000 last year. The board of directors decided to pay out one-half of the firm's earnings to the stockholders. Before the board's decision, the firm's retained earnings were $740,000. Which of the following statements is true?
A. Each shareholder will receive more than he or she received last year. B. The firm's retained earnings are too high. C. The value of the firm's retained earnings is now $860,000. D. The value of the firm's retained earnings is now $620,000. E. The firm should be more profitable.
Peter is assessed $630 for street improvements in front of his house. Which of the following statements is correct?
A) Peter must deduct the assessment as a tax. B) Peter must reduce the property basis by $630. C) Peter must increase the property basis by $630. D) Peter can elect to deduct the $630 currently or increase the basis in the property.