List and briefly describe the three steps that most new businesses?brick-and-mortar, pure play, or click-and-mortar?go through
What will be an ideal response?
The first step is identifying a consumer or business need in the marketplace. Many businesses simply begin with a good idea about an innovative way to meet a need, even needs that are not yet recognized by customers. The second step requires investigating the opportunity. It is important to develop a business plan to determine the feasibility and viability of a business opportunity in the marketplace. In the third step, a determination is made about the business owner's ability to meet the need. Assuming that a realistic business opportunity exists, does the prospective business owner have the ability to convert the opportunity into success?
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When recording the reimbursement of the petty cash fund, the accountant
a. credits Petty Cash Fund. b. credits the accounts for which the payments were made. c. debits Petty Cash Fund. d. debits the accounts for which the payments were made.
An evaluation proposal should include information about proposed data collection methods.
a. True b. False
Jason Schmidt is a top executive Solutions Unlimited, a rapidly growing information technology company. Currently Jason is focusing on creating and implementing marketing accountability processes throughout the company
Which of the following laws or regulations is likely most closely related to Jason's current activities? A) the Clayton Act B) the Magnum-Moss Act C) the Sarbanes-Oxley Act D) the National Do Not Call Registry E) the Lanham Trademark Act
Regions that do not meet air quality standards are designated as air quality control regions
Indicate whether the statement is true or false