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21 Cards in this Set
- Front
- Back
|
Providing aid for dependent children
illustrates the government’s role as a: |
Provider of public goods.
|
|
The proposed business organization,
including the form of business ownership, is included in which section of the business plan? |
Executive summary
|
|
Entrepreneurs generally have high
expectations for themselves and strive to achieve those expectations. Thus, they are characterized as: |
Independent
|
|
Product development and channels of
distribution are included in which section of the business plan? |
Management team plan
|
|
In North Carolina, day care centers are
required to obtain licenses. This illustrates the government’s role as a: |
Provider of social programs.
|
|
Which is a major disadvantage of a
corporation? |
Unlimited liability
|
|
Jessica asks many questions and conducts
research when attempting to solve problems related to her business. What personal characteristic does this represent? |
Persistence
|
|
Which is a major advantage to buying a franchise?
|
Guaranteed profit on all goods sold
|
|
Andrea is very adept at using PowerPoint
to make presentations to potential investors in her business. She is demonstrating: |
Basic business skills.
|
|
Which federal agency provides social and
economic statistics to small businesses? |
Small Business Development Center
|
|
What state agency issues permits to day
care centers? |
Department of Development
|
|
Of the major factors contributing to the
success of a small business, which one is affected by the lack of working capital? |
Management
|
|
A local manufacturer has agreed to
produce Gale’s new product. This will relieve Gale from having to set up a manufacturing plant. This type of partnership is a/n |
General partnership.
|
|
Which section of the business plan contains
information about the personal and non personal promotion for the business? |
Operational plan
|
|
The inability to interpret financial records
demonstrates a lack of: |
Management planning.
|
|
A local agency which is a good resource for
agricultural businesses is the: |
Chamber of Commerce.
|
|
Which section of the business plan discusses
the personal qualifications of the entrepreneur? |
Operational plan
|
|
Each year the government spends millions
of dollars on medical research. This is an example of the government’s role as a: |
Regulator
|
|
Business owners must be able to get along
with their employees, make customers feel welcome, and maintain a working relationship with business associates. These are |
Communication skills
|
|
Entrepreneurs are willing to work until the
job is finished. In this respect entrepreneurs are said to be: |
Responsible
|
|
Which state agency provides businesses
with information regarding employer responsibilities in relation to unemployment insurance? |
Workers’ Compensation Board
|
