A research process that provides the entrepreneur with key information about other firms in the same line of business as his or her, the current situation and trends is known as:

A. SWOT analysis.
B. VRIO analysis.
C. industry analysis.
D. value chain analysis.


Answer: C

Business

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In Step 1 of the Giving Praise Model, the employee being praised is ______.

A. given an explanation of what they did right and why it was important B. told exactly what was done correctly C. given a general statement like “good job on that sale” D. given a reason to repeat the performance

Business

The report that shows the pay period dates, hours worked, gross pay, deductions, and net pay of each employee for every pay period is the payroll register.

Answer the following statement true (T) or false (F)

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Your parents paid $1,000 for a college fund bond when you were born. Today is your 20th birthday and you are ready to cash the bond which has grown to a value of $3,361.85. What was the average annual rate of return on your college fund bond?

A) 5.50% B) 6.25% C) 6.73% D) There is not enough information to answer this question.

Business

Which of the following cases cannot be heard by the U.S federal courts under the Foreign Sovereign Immunities Act?

A) The foreign government breached a contract with the U.S. firm for the sale of goods B) A dispute over the amount of compensation paid by a foreign government to a U.S. investor when the investor's real estate was taken to build a national airport C) The foreign government is being sued for money damages sought as a result of personal injury or death caused by the foreign government or its agents in the United States D) All of the above are exceptions

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