Which of the following best describes an entrepreneur?
A) a person who forms and operates a business
B) a person who invests in an existing business
C) a person who lends capital to a new business
D) a person who derives a profit from a new or an existing business
A
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Suppose you check your coat at an attended coatroom at a restaurant. If no charge is made for the service, it is likely to be treated as a bailment for the sole benefit of the bailor.
Answer the following statement true (T) or false (F)
Which conflict-handling style is selected because a group member has a strong desire to be accepted by other members?
a. compromising b. avoiding c. obliging d. integrating
Sending an email to congratulate a business acquaintance on the birth of her baby is ________
A) improper unless you have a close personal relationship B) tactless and a letter should be mailed instead C) inappropriate since it is in reference to an event in her personal life D) best done with direct organization E) most effective when it begins with supporting details and builds up to congratulating
Cannon Company operates a clothing store that reported the following operating results for the current year:
Required:Prepare an income statement for Cannon Company using the contribution margin format.
What will be an ideal response?