Explain the advantages and disadvantages of a sole proprietorship.
What will be an ideal response?
The advantages of sole proprietorship are as follows: Sole proprietorships are very easy to form. No separation exists between an owner and the business. Further, business expenses can be deducted from an owner's personal income. The disadvantages of sole proprietorship are as follows: This form of business cannot involve more than one person. A debt for the firm is a personal debt for the business owner. Finally, the growth potential of these types of organizations are very limited.
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The motivation for writing a business message will help determine and shape which of the following?
A) Audience reaction to the message B) Audience acceptance to the message C) Audience understanding of the message D) The effectiveness of the message E) The nature of the idea
Which of the following is not a reason for a client to employ cash management techniques?
a. Speed the collection and deposit of cash. b. Reduce the effect of compensating balances. c. Reduce the amount of paperwork. d. Automate the cash management process.
What effect has the Whistleblower Reward Program had?
a. Billions have been reported but only a few million recovered to legal challenges. b. Billions have been recovered and millions paid out to whistleblowers. c. The program is too new to assess effects, but early reporting suggests billions in possible taxes will be collected. d. Whistleblowers have been largely reluctant to come forward due to issues concerning lack of anonymity.
Each slide should be ______ and focus on a single idea.
Fill in the blank(s) with the appropriate word(s).