1. John would like to contact several trade associations, but he's not sure where to look for information. What is the most efficient way for John to find the information he wants?
A. Check out hoovers.com.
B. Search the D&B Database.
C. Ask a librarian.
D. Contact the SBA.
Student Answer: D
Answer: Incorrect
Reference: PG 18

4. Calvin and Liz have summarized several lengthy research items for their business plan. In case an investor wants more details on the research, they've also included
A. a file of price quotes and survey results.
B. their mission statement.
C. autobiographies and résumés.
D. their business goals.
Student Answer: C
Answer: Incorrect
Reference: PG 14

5. How should you consider the information you acquire through Internet chat rooms?
A. It's usually the most up-to-date information available.
B. It's clear, unbiased, and specific to your business.
C. It's helpful in discovering your competitor's edge.
D. It can give you leads to places where you can find reliable information.
Student Answer: C
Answer: Incorrect
Reference: PAGE 18

6. Rachel plans to set up a beautifully furnished office for her interior decorating business. She will describe it in her business plan under the heading
A. Processes.
B. Inventory.
C. Current Trends.
D. Marketing Profile.
Student Answer: C
Answer: Incorrect
Reference: PG 8

7. Information such as parking issues, choice of location, and specialized equipment should be included in the _______ portion of your business plan.
A. overview
B. operating plant
C. business information
D. financial plan
Student Answer: C
Answer: Incorrect
Reference: PAGES 7,8

8. When should you write the introduction and overview portion of your business plan?
A. Well in advance of the rest of the plan
B. Just before listing the business information
C. Last, so all of the most important points are included
D. In a very detailed, wordy style
Student Answer: A
Answer: Incorrect
Reference: PAGE 3

10. Local zoning laws, EPA regulations, and municipal permits or registrations are requirements to be researched and listed in the _______ portion of your business plan.
A. financial
B. operating plant
C. industry
D. introductory
Student Answer: A
Answer: Incorrect
Reference: PAGES 5,7

13. Legal requirements, suppliers and distributors, competitors, and market profiles are contained in the _______ element of your business plan.
A. business information
B. introduction
C. industry
D. operating plant
Student Answer: B
Answer: Incorrect
Reference: PAGES 5,6

15. You've designed the floor plan of your restaurant and an efficient traffic pattern for patrons, servers, and other staff. In your business plan, these actions are called
A. staff evaluations.
B. processes.
C. performance measures.
D. industry standards.
t Answer: C
Answer: Incorrect


19. Before you decide whether to use the cost plus model, it's important to thoroughly research
A. competitors' operating processes.
B. profit margins in neighboring states.
C. buying behavior in similar industries.
D. your industry's going rate.

Answers

Answer 1
1. B.
The D&B database contains information of more than 265 million companies all over the world. From this database, one can get all information one needs about any company. Hoovers.com used to do the same business before but it was acquired by D&B in 2003.
4. A
The price quotes was part of the market research that was carried out and it usually contains lengthy information. The survey was also an instrument of research and it contains information gather from the research. These two items will provide more information than the summarized document.
5. D.
Information obtain at chat room are usually topic specific and can assist one in locating the right place where one can get what he is looking for as a result of information obtained.
6. A.
When writing a business plan, the processes section has to be included. The processes section outlines the plans for your operations and how you intend to go about your business. Part of the information that you need to give here is the information about you office location.
7. B
Information such as plant location, parking and specialized equipment are usually included under the operation plant information.
8. C.
Introduction and overview of your business plan should be written last in order to afford you the opportunity of summarizing your strategy effectively.
10. C
Information about the local zoning law, EPA regulations and municipal permits should be included under the industry section; these requirements must be fulfilled before a company can operate.
13. C.
Information about the legal requirements, suppliers, distributors, competitors, etc are usually placed under the industry section of the business plan.
15. B.
The design of floor plan and the description of all other things that involves daily activities in the company fall under the process section.
19. D.
Before you decide on the cost of your product or the cost method you are going to use in your company, it is best to first find out what is happening in the industry you are. Find out the ruling price that is operating in the industry.

Answer 2

1. C

4. A

5. D

6. A

7. B

8. C

10. C

13. C

15. B

19. D

Are the correct answer, Hope I helped :)


Related Questions

The government imposes a $2.50 per-unit tax on the production of good x. as a result the

Answers

Two events will occur. First, the quantity supplied of the good will decrease as there is less revenue to spend on the overall creation of good "x". Second, there will be a rise in the price of good "x" when it is sold to the consumer as a way of offsetting these taxes and other costs.

Overtime, the nature of business’s relationship with its stakeholders often:

Answers

the answer to this question is: Evolves through a series of stages
For example, during initial investment, the Stakeholders may not expect any return so the company could focus all of its capital on growth.
In later stage, the stakeholders tend to demand more profit from the company as the exchange for the investment that they made in the past.

A researcher randomly assigns 50 students to two groups of 25. group 1 is given computers and educational software to take home and use, while group 2 is given educational workbooks to take home. two months later, the researcher gives each group standardized achievement tests. what is the research design?

Answers

This study is a randomized control trial (RCT). In an RCT, participants are randomized into one of two groups - an intervention group or a control group. The intervention group receives the treatment of interest to the researchers (in this case, computers and educational software) while the control group does not. This will allow the researchers to examine the effect of the intervention (computers and educational software) on achievement tests scores.

Why does a stock dividend require a formal journal entry in the financial accounting records when a stock split does not?

Answers

A stock split will not change the general ledger account balances and ... equity remains the same, astock dividend requires a journal entry to transfer an amount ...

bailee had a gross income of $2358.33 during each pay period in 2009. if she got paid monthly, how much of her pay was deducted for FICA in 2009?

Answers

Answer:

She got deducted $2164 for FICA in 2009.

Explanation:

FICA's deductions are as follows:

6.2% for Social Security

1.45% for Medicare

So, over the yearly payment, there is a 6.2+1.45 = 7.65% deduction.

Bailee's yearly payment is:

2358.33*12 = 28299.96.

How much of her pay was deducted for FICA in 2009?

28299.96*0.0765 = 2164.95.

She got deducted $2164 for FICA in 2009.

Assume that in 2014, an 1871 $20 double eagle sold for $17,000. what was the rate of return on this investment?

Answers

P = $20, the principal in the year 1871.
A = $17,000, the value in the year 2014
t = 2014 - 1871 = 143  years, the duration.

Let r =  the yearly return on the investment.
If we assume that the compounding is performed yearly, then
P(1  + r)¹⁴³ = A
That is,
20(1 + r)¹⁴³ = 17000
(1 + r)¹⁴³ =  850
[tex]1+r=850^{1/143}= 1.0483[/tex]
r = 0.0483 = 4.83%

Answer: 4.83%

As vp of sales and marketing, debra is very interested in the likely impact of corporate social responsibility (csr) on customers’ willingness to buy theo chocolate products. she asks you for your opinion. what do you tell her? check all that apply.

Answers

Final answer:

Corporate Social Responsibility (CSR) can have a positive impact on customers' willingness to buy Theo Chocolate products through enhanced brand reputation, increased customer loyalty, and attracting conscious consumers.

Explanation:

As the VP of Sales and Marketing, Debra is right to be interested in the likely impact of Corporate Social Responsibility (CSR) on customers' willingness to buy Theo Chocolate products. CSR refers to a company's initiatives to operate in an ethical and sustainable manner, taking into account the social and environmental impacts of its activities. Implementing CSR practices can have several positive effects on customers' willingness to buy a company's products:

Enhanced brand reputation: When customers see that a company is committed to CSR and making a positive impact, it can enhance the brand's reputation and build trust with customers. This can make customers more willing to support the company by buying their products.Increased customer loyalty: Customers who align with the values and ethical practices of a company are more likely to develop a sense of loyalty and continue buying their products. CSR initiatives can help in building that emotional connection and loyalty with customers.Attracting conscious consumers: Many consumers are becoming more socially and environmentally conscious in their purchasing decisions. By implementing CSR practices, companies can attract these conscious consumers who prioritize products from companies that align with their values.

Overall, by prioritizing CSR, Theo Chocolate can not only positively impact society and the environment but also gain a competitive edge by attracting and retaining customers who value sustainability and ethical practices.

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One of your customers is delinquent on his accounts payable balance. you’ve mutually agreed to a repayment schedule of $750 per month. you will charge 1.9 percent per month interest on the overdue balance. if the current balance is $18,000, how long will it take for the account to be paid off?

Answers

In this problem, we need to find the length of an annuity. We already identified the interest rate, the PV, and the payments.
Using the PVA equation: PVA =C({1 – [1/(1 +r)t]} /r
$18,000 = $750{[1 – (1/1.019) t] / 0.019}
Then solve for t:
1/1.019t= 1 − {[($18,000)/($750)](0.019)}
1/1.019t= 0.544
1.019t= 1/(0.544) = 1.838
t= ln 2.193 / ln 1.019 = 32.34 months or 2.7 in years
Final answer:

Calculating the time it takes to pay off a loan with a monthly repayment and interest requires applying the formula 'balance = balance - repayment + (balance x interest)' in an iterative process until the balance equates to zero. This usually requires software or spreadsheet tools as it is not a straightforward mathematical operation.

Explanation:

This question pertains to the field of finance mathematics, particularly involving loan repayment with interest. To answer it, we need to factor in the repayment amount, the interest rate, and the current balance. In this case, the borrower has agreed to pay $750 per month on the $18,000 balance, with an interest rate of 1.9% per month.

Given that the loan amount is being reduced by the repayment amount minus the interest added each month, we need to apply an iterative process using the formula: 'balance = balance - repayment + (balance x interest)', until the balance equates to zero.

However, this would require specific mathematical software or spreadsheet calculations, as it involves iterative procedures rather than a simple mathematical formula. In practical terms, a person trying to calculate this in a real-world situation might use an online loan calculator or consult with a financial adviser.

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Suppose a city block was going to be used for a parking lot in both new york city and a small town. the opportunity cost would be

Answers

The opportunity cost would be greater in New York City because the alternative uses of the block are more valuable. Opportunity cost is the value of sacrifice that you need to make when choosing a  decision. The land price in new yorks is far more expensive compared to any other small towns because of the amount of population that walk passed to the streets and the amount of economic power that they have

the part of the twist drill that is held in an electric drill chuck is the

Answers

The shank is the part of the twist drill that is held in an electric drill chuck.
Final answer:

The shank is the part of a twist drill bit that is held in an electric drill chuck, offering a secure connection between the drill bit and the drill to prevent the bit from slipping during use.

Explanation:

The part of the twist drill that is held in an electric drill chuck is known as the shank. The shank is the section of the drill bit that is gripped by the chuck of a drill. The purpose of the shank is to provide a secure connection between the drill bit and the drill, ensuring that the bit does not slip during drilling operations. There are different types of shanks, such as straight shanks and hexagonal shanks, each designed to fit into specific types of chucks. Understanding the importance of the shank is crucial for choosing the right drill bit for the task at hand, whether it be for woodworking, metalworking, or masonry.

The table above shows the demand schedules for looseminus−leaf tea of two individuals​ (sunil and​ mia) and the rest of the market. at a price of​ $5, the quantity demanded in the market would be

Answers

The answer to the table above would be 63 lbs

The payment of a fee in connection with permission to use protected copyrighted works is called a(n) ________.

Answers

The fee for permission to use copyrighted works is called a license fee. It is required to avoid copyright infringement unless the use qualifies under fair use exceptions.

The payment of a fee in connection with permission to use protected copyrighted works is called a license fee. Copyright is a form of legal protection to prevent copying, for commercial purposes, original works of authorship, including books and music. If one wishes to use a copyrighted work, they must often obtain permission from the copyright holder and pay a licensing fee to use all or portions of a work, unless the usage falls under fair use exceptions where permission and fees might not be required. This is to avoid copyright infringement, which is the unauthorized use of copyrighted material in a manner that violates one of the copyright owner's exclusive rights.

Tabasco pepper sauce is a product that has entered the maturity stage of the product life cycle. name products that would fit into each of the four stages (introduction, growth, maturity, and decline). describe each product and explain why it fits in that stage.

Answers

Final answer:

The Product Life Cycle includes introduction, growth, maturity, and decline stages. Smart Self-Driving Cars are in the introduction stage, Electric scooters like Bird or Lime are in the growth stage, Smartphones like iPhones or Samsung Galaxy devices are in the maturity stage, and DVD players are in the decline phase.

Explanation:

The Product Life Cycle is a business concept that suggests products go through four stages: Introduction, Growth, Maturity, and Decline. Here's an example for each stage:

Introduction: Smart Self-Driving Cars are currently in the introduction stage. They are a new concept that is not yet pervasive in every market, and is still being accepted and adopted by consumers. Growth: Electric scooters, for instance, Bird or Lime Scooters, are experiencing rapid growth. As more consumers become aware of and use these products, their sales and market share increase significantly. Maturity: Smartphones, such as iPhones or Samsung Galaxy devices, are in the maturity stage. These products have saturated the market, and sales growth has slowed. Decline: DVD players are now in the decline phase. With the onset of digital streaming platforms like Netflix, the need for physical DVD players has decreased significantly, leading to falling sales.

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Which browsers are preferred when completing sam activities? (choose all that apply)?

Answers

While completing SAM activities the Mozilla firefox and google chrome browsers are preferred. these browsers can handle the Javascript and rich CSS and HTML very efficiently and perfectly. They do it by allowing most of the tags in CSS, JS, and HTML.

There is also minimum interference from the browser side.
These are two most used browsers in today's world. And SAM works very perfectly in these browsers as long as popups are allowed.

If a large corporation is being sued by a much smaller entity, the corporation may submit to a deposition which is a form of gamesmanship that has become more prevalent in the last decade.

Answers

that statement is true
In legal term, deposition refers to an investigation that demands a sworn truth from the opposing party. The cost of pursuing legal actions tend to be realy huge. By doing disposition, we could reduce witness testimony into writing form in order to minimize discovery time.

Understanding market segmentation is an important step in formulating business-level strategies because:

Answers

It is an important step to understand market segmentation in formulating business-level strategies because it is an important basis of many successful marketing strategies. Thus, when you carefully chosen segments would allow tailoring the marketing mix to more customer needs. Hence, the segmentation of the overall market as well as the derived target markets are the basis for determining any particular marketing mix. In this way, they will help to invest marketing spending more effectively. Moreover, in most cases buyers of a product or a service are no homogeneous group and every buyer has individual needs, references, resources and behaviour. Therefore, one way or another, understanding market segmentation is necessary to be considered in formulating business-level strategies.

On january​ 1, 2017​ hillop, inc. had total assets of​ $370,000. during the​ year, the company purchased new machinery worth​ $88,000 and promised to pay the amount due after two years. throughout the​ year, it earned revenue of​ $60,000 every month. calculate the asset turnover ratio.

Answers

asset turnover ratio is the ratio of the value of a company's sales or revenues generated relative to the value of its assets. The Asset Turnover ratio can often be used as an indicator of the efficiency with which a company is deploying its assets in generating revenue. Given that the sales is 60k and the value of the asset is 370k, the ratio is simply the sales / value of assets which is 60/(370-88).

Debra notes that theo chocolate has started holding its own operations to the same imo standards of fair trade to which it holds its suppliers. this type of sends a powerful message to employees and customers.

Answers

Final answer:

Theo Chocolate upholding fair trade standards imbibes ethical practices, nurturing equitable and sustainable relationships in the global trade system, highlighting the importance of fair trade in achieving corporate social responsibility and alignment with broader societal objectives.

Explanation:

The concept under discussion here is fair trade and its application within a company's own operations, as well as its supply chain. By adhering to fair trade standards, Theo Chocolate is committing to ethical business practices that are typically designed to support sustainable development and offer better trading conditions to marginalized producers and workers in developing countries. This approach directly benefits farmers and their families by ensuring they receive fair prices and wages, contributing to community development and environmental sustainability.

By holding itself to the same International Fair Trade (IMO) standards it requires of its suppliers, Theo Chocolate sends a message that it values corporate social responsibility and is willing to participate actively in creating equitable global trade relationships. This has far-reaching implications on their brand, customer loyalty, and employee engagement, and also connects with wider societal goals like those outlined in the Sustainable Development Goals for improving conditions in developing countries.

Companies like Fairtrasa are highlighted as they not only emphasize fair trade but also the empowerment of women and sustainable agricultural practices. Thus, this discussion encompasses the impact of fair trade on ethical production, environmental considerations, and social benefits.

One way to avoid _______ is to choose a large enough sample size.

Answers

The answer is Researcher bias.
One way to avoid researcher bias is to choose a large enough sample size. Researcher bias is also known as experimenter bias.Researcher bias is a method or process in which to present a certain results, scientists  performs the research that influenced upon the result.

What are the effects of intentional virus setting?

Answers

imprisonment, fine, or both, usually depending on where where the criminal act was done.
Final answer:

Intentional virus setting leads to several negative effects including system disruption, data loss, and unauthorized information access. Some viruses cause continuous damage, affecting the overall system operation. Protection against these viruses comes in the form of antivirus software.

Explanation:

Intentional virus setting, that is, intentionally releasing or creating a computer virus, leads to several detrimental effects on both individual computer systems and broader networks. Initially, viruses, similar to biological viruses, follow the method of attachment, penetration, uncoating, replication, assembly, and release

Viruses primarily cause disruption in normal system operations, data loss, and unauthorized access to system information. In severe cases, computer viruses can render systems non-functional. They typically do this by attaching themselves to host programs and executing code when the user launches the infected program. The damage inflicted varies - a virus can be relatively harmless, merely displaying a message, or potentially catastrophic, deleting data or causing system crashes.

Furthermore, some computer viruses called 'oncogenic viruses', like their biological counterparts, can cause continuous damage over time. These viruses can introduce changes at a system level, affecting the overall operation of the computer. Malware and ransomware are examples of such damaging computer viruses.

Finally, just like in biology, vaccines (in this case antivirus software) are used to prevent the virus from damaging the system. Antivirus software can identify and neutralize viruses before they can infect the system, providing a vital protection layer.

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If​ coca-cola wanted to open a facility on​ redagustan, a country with little economic​ development, it should​ ___________.

Answers

Coca-cola should utilize more of the formal and mechanistic structure. A mechanistic structure otherwise called a bureaucratic structure depicts a hierarchical structure that depends on a formal, concentrated system. The unthinking structure is most appropriate for organizations that work in a steady and certain condition. By and large, an unthinking structure is anything but difficult to keep up and seldom should be changed when an association works in a steady situation.

In the marketing mix, place includes ________.a. advertising
b. packaging
c. logistics
d. sales promotion
e. discounts

Answers

In marketing mix, place includes letter a, advertising. It is because a marketing mix is where a company influence its own consumers into having their products that they sell to be sold or purchase with the use of factors that they control and one of example of that is advertising.

Final answer:

In the marketing mix, 'place' includes logistics, which involves distribution channels and transportation that facilitate the movement of products from the manufacturer to the consumer.

Explanation:

In the marketing mix, 'place' refers to how a product is distributed and how it reaches the customer. Among the offered choices, place includes c. logistics. This component covers the distribution channels, transportation, warehousing, and logistics that move the product from the manufacturer to the consumer. 'Place' in the marketing mix can also refer to the strategic positioning of a business's location to gain advantages in attracting customers, as seen in the example of a gas station at a busy intersection selling more gas due to high visibility and traffic flow.

Imari brown is attending community college. she has 1000 of educational expenses. she claims herself on her tax return. she is trying to decide between the tuition and fees deduction or an education credit. if imari is in the 15% bracket, which should she chose

Answers

Imari Brown should choose $1,000 tax credit since it reduces her taxes by $1,000. Tax credit is a big help for her because it can also reduced her tax by $1000, it is a big saving to her since she still attending community college.

What factors might be considered when creating a tax that is considered fair by most people in a society? explain?

Answers

A tax that is considered fair by most people in a society is where the tax rate is progressive so that the more a person earns the higher rate of tax they pay and on the opposite end  of the scale those with low income should pay very little if any. The other very important factor which is involved is is what are the taxes spent on? If they are mainly spent on meeting the needs of the most dispossessed people plus the basic needs of the general society for health care, education and housing then that is very important too.

According to a himss analytics (2005) survey, what is (are) the most frequently identified technology(ies) that will offer new opportunities for healthcare organizations in the next ten years?

Answers

1.Adoption and Maturity Models to move your organization forward through technology 2.Outpatient Electronic Medical Record Adoption Model 3.Adoption Model for Analytics Maturity The Adoption Model for Analytics Maturity (AMAM) is an international eight stage (0-7) model measuring the capabilities your organization has gained from technology and surrounding processes. Our AMAM services are designed to progressively measure and advance your organization’s analytics capabilities to improve healthcare delivery. 4.Continuity of Care Maturity Model The Continuity of Care Maturity Model (CCMM) is an eight stage (0-7) model that demonstrates the evolution of communication in healthcare. It ranges from clinicians in different settings with limited or no electronic communication to an advanced, multi-organizational, knowledge-driven community of care.

Explain the advantages of a trade agreement and how it might impact a company like red fish-blue fish.

Answers

Favorable position to Red Fish, Blue Fish of having China as its sole wellspring of supply would be the cost of items and work. Since items and work abroad are a considerable measure less expensive than they are in the United States. This would be the most legitimate choice to make of having them as an accomplice. This choice could spare Red Fish, Blue Fish, LLP a considerable measure of cash over the long haul

The rise of internet marketing has become particularly important in doing business in the b2b markets.
a. True
b. False

Answers

This is very true. Business-to-Business markets heavily rely on internet marketing and using internet vendors to procure goods and services. This allows for faster transaction times and more ease in getting what is needed to keep a business competitive in today's climate.

For state residents interest on most bonds issued by their state government is

Answers

They are most likely exempt from states income taxes and federal income taxes. All state residents interest on most bonds issued by their government is exempt from federal income taxes and states income taxes. They are both exempt from that taxes and it cannot be subject to taxes,

"a good with many substitutes will have a _____ curve that is relatively _____ elastic than a good with few substitutes."

Answers

It will have a demand curve that is relatively more elastic than a good with few substitutes. This is because people are able to obtain the good from other places, so there is more flexibility in the curve itself.

Melissa is the supervisor of customer service and she directly oversees the work of four customer service specialists. melissa would be categorized as​ a(n) _______ manager.

Answers

First line manager - This is because she is mandated with making short-term decisions directing the daily tasks of non-managerial personnel. She cannot make any major decisions concerning the production process. However, she is an important source of information about worker satisfaction for higher management to take into account in their organizational planning process.



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