In the context of small businesses, what is the purpose of business incubators?
What will be an ideal response?
Business incubators nurture young firms and help them to survive and grow during the startup period when they are most vulnerable. Hands-on management assistance, access to financing, and orchestrated exposure to critical business or technical support services are provided. Incubators offer entrepreneurial firms shared office services, access to equipment, flexible leases, and expandable space-all under one roof.
Incubators help clients to secure necessary capital in several ways: managing in-house and revolving loan funds, networking it to locate and connect venture capitalists, connections with angel investors, and assisting with loan applications.
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________________ are a form of thank-you letter used to remind employers of your interview and to emphasize that you’re the right person for the job.
a. Networking notes b. Brown-nosing notes c. Follow-up notes d. none of the above
According to the dynamic process model, two different types of expectations have opposite effects on perceptions of service quality. One of these is that ________ overall service quality
A) increasing customer expectations of what the firm will deliver improve the perceptions of B) increasing customer expectations of what the firm will deliver decrease the perceptions of C) decreasing customer expectations of what the firm should deliver decrease the perceptions of D) decreasing customer expectations of what the firm will deliver improve the perceptions of E) increasing customer expectations of what the firm should deliver improve the perceptions of
______ is one of the most common mistakes that companies make when developing Global Ethics Programs.
a. Having consensus on objectives for globalization of ethics commitments b. Committing resources that focus on ethics issues in other countries c. Not offering training in languages other than English d. Acknowledging cultural differences
Which of the following would not be classified as a current asset?
A. Supplies B. Accounts Payable C. Cash D. Inventory