Define SWOT analysis and provide an example of how such an analysis could be applied to a specific business.
What will be an ideal response?
Ans: Answer must include strengths, weaknesses, opportunities, and threats. Good answers will emphasize the internal and external components of SWOT analyses.
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Location decisions are based on many things, including costs, revenues, incentives, attitudes, and intangibles, but not on ethical considerations
Indicate whether the statement is true or false
Cactus Company is a calendar year S corporation with the following current year information: Operating loss$(120,000)Liabilities: Notes payable, City Bank 20,000 Notes payable, Jake Crow 20,000 On January 1, John James bought 50% of Cactus Company stock for $30,000. How much of the operating loss may John deduct on his Form 1040? Assume the excess business loss limitation does not apply.
A. $50,000 B. $40,000 C. $30,000 D. $60,000
Federal district courts are the general trial courts of the federal system
Indicate whether the statement is true or false
Joe hands Mary a note he wrote that calls her terrible names, accuses her of horrible personal acts, and all sorts of other nonsense. Mary can bring a successful suit for:
a. libel b. slander c. defamation d. battery e. none of the other choices