Which of the following is NOT considered to be a disadvantage of the sole proprietorship form of a business organization?
A) Limited ability to raise capital
B) Its life is limited to that of the owner
C) Unlimited liability of business owners
D) Fewer regulations and reporting requirements
D
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Nia has heard about Google Glass, eyewear that allows you to use the internet without others seeing it, but she has never actually seen anyone using it. She isn’t even sure if it is officially on the market yet. Nia is concerned with ______.
A. compatibility B. complexity C. observability D. trialability
Which of the following levels of organization mediates between the technical group and top management?
A) Technical B) Organizational C) Managerial D) Institutional
You work in a jewelry store, and your supervisor has told you to decrease the price of a line of jewelry that is not selling well in the hope that the remainder of the inventory will sell quickly. Why might this strategy be effective in selling the remaining units of this jewelry line?
What will be an ideal response?
Unlike the P&L and Cash Flow Statement the ________ can be kept to year-end figures for the purposes of startup business planning.
a. Startup Costs b. EBIT c. Income Statement d. Balance Sheet