Which of the following may be the greatest risk to the well-being of the entrepreneur?
a. social risk
b. financial risk
c. psychic risk
d. family risk
ANSWER: c
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Micro Company wishes to issue $400,000 of 5-year, 6% bonds, with interest paid annually at the end of the year. The market rate of interest is currently 5%. What information is needed in order to determine the selling price?
a. The market rate of interest, the stated rate of interest, the bond rating, and the bond life. b. The face amount of the bonds, the stated rate of interest, the market rate of interest, and the bond life. c. The life of the bonds, the market rate of interest, the bond rating, and the face amount of the bonds. d. The face amount of the bonds, the market rate of interest, the purpose of the issue, and the bond life.
The scale descriptors "never," "rarely," "sometimes," "often," and "very often" are commonly used when studying the ________ construct (Table 9.3 in the text)
A) attitude B) satisfaction C) purchase frequency D) purchase intent
Which of the following is involved in assisting a corporation with its initial public offering (IPO)?
A) Registrar. B) Underwriter. C) Transfer agent. D) Incorporator.
In a SMART sales call objective, the "M" refers to the fact that the objective should:
A. maximize the customer's order size. B. manage time wisely. C. move the prospect to buy. D. be measurable. E. minimize the cost to the customer.