The section of the business plan in which the entrepreneur identifies changes occurring on the national and international level is the:
A. merchandising plan.
B. executive summary.
C. description of the venture.
D. environmental and industry analysis.
Answer: D
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Which of the following is more formal in tone?
A) Podcasts B) Webinars C) Memos D) Letters E) Proposals
Define value as it is used in the price/value formula.
What will be an ideal response?
Consider a work center with a demand rate of 20 parts per hour and using a container that can hold 5 parts. It is estimated that the container takes 30 minutes to cycle through the work cell. Assume a safety stock level of 10 percent. What is the maximum inventory level for this system?
a. 5 b. 10 c. 15 d. Cannot be determined from the information given
________ is an owner's share of the assets of a company.
A. Capital B. Credit C. Equity D. Profit