The restrictions that state and federal laws place on business with regard to the conduct of its activities are referred to as

A. barriers to entry.
B. competitive constrains.
C. jurisprudence.
D. regulation.
E. restraints of trade.


Answer: D

Business

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For the standard normal probability distribution, the area to the right of the mean is

A. 1. B. 3.09. C. 1.96. D. 0.5.

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In which of the following Project Management Maturity Model Levels is the focus is on continuous improvement through incremental advancements of existing practices and by innovations using new technologies and methods?

A. Ad hoc project management B. Formal application of project management C. Institutionalization of project management D. Management of project management system E. Optimization of project management system

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A limited liability company, unlike a Subchapter S corporation, can have members that are corporations, partnerships, or nonresident aliens

a. True b. False Indicate whether the statement is true or false

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Your Wish, Inc. ? Cindy worked for a retail company and noticed there were many things it could do better. She shared some of her ideas with upper management, but it did not want to do things differently. When Cindy went home to talk to her husband, they both realized that, given her passion, it would be better for Cindy to open her own business. After a lot of consideration, she decided to open a sporting goods store called Your Wish, Inc. She also knew just where to open the store?right next to her house. ? To be certain to address all aspects of the business, Cindy hired a marketing research firm to determine the best location. Once all the research was compiled and analyzed, she realized that it would actually be better to open the store in a different area. She also realized

that deciding where to locate the business was not the only major concern. More specifically, she would have to focus on the four elements of the marketing mix as well, creating a whole marketing plan. Her husband mentioned the possibility of using online information services to help with the business. With her husband's support and a good marketing plan, Cindy felt that she would be prepared to make the right decisions. Refer to Your Wish, Inc. In preparing a marketing plan, Cindy should ensure that all of the following components are included except a(n) A. executive summary. B. SWOT analysis. C. production schedule. D. environmental analysis. E. evaluation and control.

Business