In the context of risk tolerance, most new business owners must set their risk tolerance based on the average level of risk in their specific market or industry.
Answer the following statement true (T) or false (F)
False
There is not one correct answer as to what level of risk tolerance new business owners should be willing to take on. Instead, the key is that individual entrepreneurs must be aware of their tolerance of risk and establish their business in a manner that is consistent with that tolerance.
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Under the reciprocal method, the usage of one support department by another is used to determine the total cost of each support department
Indicate whether the statement is true or false
What top management values are most likely to lead to a growth orientation?
What will be an ideal response?
A collection agency threatened to sue Martha for the unpaid hospital bills from her heart operation. She signed a promissory note at a high but not illegal rate of interest. What result?
A) The note is valid because she signed it. B) The threat to bring a civil suit to collect money owed is permissible. C) The note is invalid because she signed under duress. D) The note is invalid because the agency put her under undue pressure.
Whole life insurance has a ________ premium and has ________ cash value build up over the life of the policy
A) fixed; no B) variable; a C) fixed; a D) variable; no