Phillip and Dwight have been operating a train store together for two years. After a patron slipped on some water on the floor and was injured, they began to think about their personal liability and decided to change the business form to one that would give them the same ability to pass-through profits and shared ownership and control but with little government interference. They would most likely form a
A. limited-liability company.
B. corporation.
C. limited partnership
D. syndicate.
Answer: A
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A. research the market. B. develop scenarios. C. select a viable market segment. D. define the firm's mission. E. quantify them.
Which of the following is FALSE concerning personal delivery of bad news?
a. Personal delivery of the bad news signals the importance of the news. b. Personal delivery eliminates any potential escalation of emotion. c. Personal delivery shows empathy for the recipient. d. Personal delivery provides the benefits of nonverbal cues.
George applies the Galatea effect when he lowers his self-expectations in order to avoid the frustration of failing to attain a goal
Indicate whether the statement is true or false.
Which of the following is a type of survey that involves interviewing businesspeople at their offices concerning individual products or services?
A. place-based interviews B. CLT interviews C. business panel surveys D. executive interviews E. professional interviews