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strayer bus402 all quizes [ quiz 1,2,3,4,5,6,7,8,9,10 ]

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Question;Part-time entrepreneurship has an additional advantage over;starting up a company full-time in that;Answer;? Question 2;2 out of 2 points;One key to success with a business startup is to begin with;enough;Answer;? Question 3;2 out of 2 points;U.S. economic structure is moving;Answer;? Question 4;0 out of 2 points;Dirk wants to be in control. He's tired of taking orders;from others and wants to feel a sense of accountability for the outcome of his;work. Dirk displays the entrepreneurial characteristic of;Answer;? Question 5;2 out of 2 points;The growth of entrepreneurship is being fed by;Answer;? Question 6;2 out of 2 points;When building a home-based business, it is important that;the entrepreneur;Answer;? Question 7;2 out of 2 points;A significant benefit of starting your own company is;Answer;? Question 8;2 out of 2 points;Juan is able to work well in a constantly changing;atmosphere and has little concern for what tomorrow will bring. Juan;demonstrates which of the following characteristics of a typical entrepreneur?;Answer;? Question 9;2 out of 2 points;Kyoto has started an interior decoration business.;Everything about the business, from its name to the color schemes used in the;corporate letterhead, is an expression of her personality. She sees this;business as her greatest personal achievement. Kyoto is experiencing the;opportunity ________ of small business ownership.;Answer;? Question 10;2 out of 2 points;When running a home-based business;Answer;? Question 11;2 out of 2 points;Minorities cite which of the following as the primary;barrier to their entrepreneurship?;Answer;? Question 12;2 out of 2 points;Mary and Ted are discussing starting a new business and are;asking themselves a series of questions like, "What is the worst that;could happen if we fail?" "How likely is that to happen?" They;are assessing which potential drawback of small business ownership?;Answer;? Question 13;2 out of 2 points;Copreneurs" are marked by;Answer;? Question 14;2 out of 2 points;Companies started by women differ from companies started by;men in that;Answer;? Question 15;0 out of 2 points;Researchers who study entrepreneurs have discovered that;Answer;? Question 16;2 out of 2 points;The most successful strategic plans make the ________ focal.;Answer;? Question 17;2 out of 2 points;Every business is characterized by a set of controllable;variables called ________ that determines the relative success (or lack of it);of market participants;Answer;? Question 18;2 out of 2 points;are negative internal factors that inhibit the;accomplishment of a firm's objectives.;Answer;? Question 19;2 out of 2 points;are the broad, long-range attributes the small;business seeks to accomplish, ________ are the specific, measurable milestones;the company wants to achieve.;Answer;? Question 20;2 out of 2 points;focuses everyone's attention and efforts on the;same target market. It is an expression of what the owner believes in.;Answer;? Question 21;2 out of 2 points;A small business owner needs to remember that when it comes;to employee involvement in the strategic planning process;Answer;? Question 22;2 out of 2 points;When the small business owner assesses her company's;strengths and weaknesses, she is dealing with the ________ business;environment.;Answer;? Question 23;2 out of 2 points;A competitive profile matrix;Answer;? Question 24;2 out of 2 points;Rather than attempting to serve the total market, the small;firm pursuing a ________ strategy specializes in serving a specific target;segment.;Answer;? Question 25;2 out of 2 points;A small business's "aggregation of factors that sets it;apart from its competitors" is its;Answer;? Question 26;2 out of 2 points;The final step of the strategic planning process is;Answer;? Question 27;2 out of 2 points;Once the vision and mission are established, the;entrepreneur needs to;Answer;? Question 28;2 out of 2 points;are specific measurable targets to be accomplished;in a defined time period.;Answer;? Question 29;2 out of 2 points;The small firm's "master plan" is its;Answer;? Question 30;2 out of 2 points;are negative external forces that inhibit the;firm's ability to achieve its objectives.;Answer;quiz 2;One major advantage of the ________ is that once the owner;has paid all of the company's expenses, he/she can keep the remaining profits;(less taxes, of course).;Answer;? Question 2;2 out of 2 points;Corporations that are formed in other countries but do;business in the United States are;Answer;? Question 3;2 out of 2 points;A corporation doing business in the state in which it is;incorporated is considered to be a(n) ________ corporation.;Answer;? Question 4;2 out of 2 points;The ________ is the most complex form of ownership and is a;separate legal entity in the eyes of the law.;Answer;? Question 5;0 out of 2 points;A limited liability company is formed under;Answer;? Question 6;2 out of 2 points;The key to choosing the "right" form of ownership;is;Answer;? Question 7;2 out of 2 points;A partnership is;Answer;? Question 8;2 out of 2 points;The most critical disadvantage of the sole proprietorship;is;Answer;? Question 9;2 out of 2 points;A significant disadvantage of a partnership is;Answer;? Question 10;0 out of 2 points;In a limited partnership, the limited partners are treated;like ________ by the law.;Answer;? Question 11;0 out of 2 points;In a joint venture, individuals join together in;co-ownership for;Answer;? Question 12;2 out of 2 points;Probably the most important feature of a partnership;agreement is;Answer;? Question 13;2 out of 2 points;The most common form of business ownership is the;Answer;? Question 14;2 out of 2 points;partners are not active in a business but generally;are known to be members of the partnership.;Answer;? Question 15;2 out of 2 points;Acme Corporation is chartered in Delaware, but its primary;area of operation is in South Carolina. In South Carolina, Acme would be;considered a(n) ________ corporation.;Answer;? Question 16;2 out of 2 points;When buying a franchise, the potential franchisee should;first;Answer;? Question 17;2 out of 2 points;To protect investors from unscrupulous franchisers, the;regulatory body is the;Answer;? Question 18;2 out of 2 points;A significant advantage a franchisee has over the;independent small business owner is participation in the franchiser's ________.;Answer;? Question 19;2 out of 2 points;Most franchise experts consider the most important factor in;the success of a franchise to be;Answer;? Question 20;2 out of 2 points;The ________ requires all franchisers to disclose detailed;information on their operations at the first personal meeting or at least;fourteen days before a franchise contract is signed or any money is paid.;Answer;? Question 21;0 out of 2 points;The FTC's philosophy focuses on;Answer;? Question 22;2 out of 2 points;Franchise advertising programs;Answer;? Question 23;2 out of 2 points;The most expensive franchises in terms of total investment;are;Answer;? Question 24;2 out of 2 points;franchising involves the owner of an existing;business becoming a franchisee to gain the advantage of name recognition.;Answer;? Question 25;2 out of 2 points;In franchising, ________ pay fees and royalties to a;in return for the right to sell its products or services under the;franchiser's trade name and often to use its business format and system.;Answer;? Question 26;2 out of 2 points;There are two main risks in purchasing a franchise. First;that of the franchiser's experience and business system, and second;Answer;? Question 27;2 out of 2 points;Another term for cobranding franchising is;Answer;? Question 28;2 out of 2 points;The primary advantage of buying a franchise over starting;your own company is;Answer;? Question 29;2 out of 2 points;The payment the franchisee makes to the franchiser based on;gross sales is;Answer;? Question 30;2 out of 2 points;In view of the cause of most new business failures, probably;the most valuable service provided franchisees by the franchiser is;Answer;quiz 3;?;The valuation approach that considers the value of goodwill;is the;Answer;? Question 2;0 out of 2 points;Which method of business valuation relies on three forecasts;of future earnings?optimistic, pessimistic, and most likely?;Answer;? Question 3;2 out of 2 points;If the firm owns any trademarks, patents, or copyrights, or;has built up a positive reputation with customers and suppliers, the business;has what is/are called;Answer;? Question 4;2 out of 2 points;When it comes to buying an existing business, it is not;uncommon to find it;Answer;? Question 5;2 out of 2 points;The biggest source for the best companies to buy is;Answer;? Question 6;2 out of 2 points;The capitalized earnings approach determines the value of a;business by capitalizing its expected profits using;Answer;? Question 7;2 out of 2 points;The process of gathering information about the company;valuing the company, and performing a detailed review of all records;agreements, and compliance is called;Answer;? Question 8;2 out of 2 points;Once an entrepreneur has evaluated him/herself, the next;step in the acquisition process would be to;Answer;? Question 9;2 out of 2 points;One advantage of buying an existing business is;Answer;? Question 10;2 out of 2 points;When a buyer is reviewing a candidate company's lease;arrangements, location and appearance, intangible assets, etc., he is answering;what basic acquisition question?;Answer;? Question 11;2 out of 2 points;Which of the following is a way to smooth the transition of;leadership/management from the seller of a business to the buyer?;Answer;? Question 12;2 out of 2 points;Which of the following is a criterion for a bulk transfer?;Answer;? Question 13;2 out of 2 points;The first step an entrepreneur should take when acquiring an;existing business is to;Answer;? Question 14;2 out of 2 points;Perhaps the ideal source of financing the purchase of an;existing business is;Answer;? Question 15;2 out of 2 points;Normally, when buying a business, the seller;Answer;? Question 16;2 out of 2 points;A well-developed business plan provides the entrepreneur;with a number of benefits, such as;Answer;? Question 17;2 out of 2 points;The loan proposal portion of the business plan should;include;Answer;? Question 18;2 out of 2 points;A business plan;Answer;? Question 19;2 out of 2 points;An explanation of how the product will be distributed is;contained within the;Answer;? Question 20;2 out of 2 points;A solid business plan is marked by a number of;characteristics including;Answer;? Question 21;2 out of 2 points;are short-term, specific targets which are;attainable, measurable, and controllable.;Answer;? Question 22;2 out of 2 points;Business plans need to pass three tests;Answer;? Question 23;2 out of 2 points;The primary purpose of building a business plan is to;Answer;? Question 24;2 out of 2 points;A ________ is what a customer gains from the product or;service feature.;Answer;? Question 25;2 out of 2 points;The organization chart is described in which section of the;business plan?;Answer;? Question 26;2 out of 2 points;When creating financial forecasts in a business plan for a;proposed venture, an entrepreneur should;Answer;? Question 27;2 out of 2 points;Your cash budget and an explanation of how much money you;need to make your company and product a long-term success are the subject;matter of the;Answer;? Question 28;2 out of 2 points;A business plan performs a number of functions including;Answer;? Question 29;2 out of 2 points;The ________ highlights significant financial and;operational events in the company's life and should concentrate on the;company's accomplishments.;Answer;? Question 30;2 out of 2 points;The ________ becomes the document that summarizes the;analysis that has been done to justify a new business.;Answer;quiz 4;? Question 1;2 out of 2 points;The primary opportunity for time compression management;(TCM) lies in its application to;Answer;? Question 2;2 out of 2 points;The majority of customers who stop patronizing a particular;store do so because;Answer;? Question 3;2 out of 2 points;Small businesses are able to maintain a leadership role in;innovation by;Answer;? Question 4;2 out of 2 points;One "natural" advantage small businesses have over;large business, which can be a significant competitive advantage, is;Answer;? Question 5;2 out of 2 points;is the notion of drawing customers into a store by;creating a kaleidoscope of sights, sounds, smells, and activities, all designed;to entertain?and, of course, sell.;Answer;? Question 6;2 out of 2 points;One-to-one marketing is a marketing strategy that;Answer;? Question 7;2 out of 2 points;Small businesses can compete with larger rivals with bigger;budgets by employing unconventional, low-cost creative techniques known as;Answer;? Question 8;2 out of 2 points;The Total Quality Management (TQM) concept;Answer;? Question 9;2 out of 2 points;The cost of marketing a product is highest in the;Answer;? Question 10;2 out of 2 points;To build an effective customer service program, it is;important to;Answer;? Question 11;2 out of 2 points;When it comes to gathering market research on customers;most small companies tend to be;Answer;? Question 12;0 out of 2 points;Attracting a new customer costs ________ as much as keeping;an existing one.;Answer;? Question 13;2 out of 2 points;Numerous surveys have concluded that the most important;element of service is;Answer;? Question 14;2 out of 2 points;Shifting patterns in the age, income, education, race, and;other characteristics of the population are the subject of ________ and exert a;potent force on a company's marketing plan.;Answer;? Question 15;2 out of 2 points;A company's competitive edge is;Answer;? Question 16;2 out of 2 points;In a(n) ________ advertising program, a group of similar;businesses forms a "syndicate" to produce "generic" ads;that allow the individual businesses to dub in local information.;Answer;? Question 17;2 out of 2 points;Before making a sales call, the salesperson sets three;objectives. Which one is not an objective?;Answer;? Question 18;2 out of 2 points;is any sales presentation that is nonpersonal in;nature and is paid for by an identified sponsor.;Answer;? Question 19;2 out of 2 points;The ________ method is the most difficult and least used;technique of establishing an advertising budget.;Answer;? Question 20;2 out of 2 points;The choice of advertising medium is primarily determined by;Answer;? Question 21;2 out of 2 points;A successful public relations technique used by local;businesses to sponsor and promote fundraising activities of nonprofit groups is;called;Answer;? Question 22;2 out of 2 points;In reality, advertising;Answer;? Question 23;2 out of 2 points;Effective ads are built on;Answer;? Question 24;2 out of 2 points;The most meaningful unique selling proposition;Answer;? Question 25;0 out of 2 points;Radio's power as an advertising medium comes from;Answer;? Question 26;2 out of 2 points;The key to the success of direct mail advertising is;Answer;? Question 27;2 out of 2 points;Which of the following media account for the greatest;portion of advertising expenditures?;Answer;? Question 28;2 out of 2 points;A successful direct mail ad is characterized by;Answer;? Question 29;0 out of 2 points;Newspaper advertising is characterized by;Answer;? Question 30;2 out of 2 points;The ________ becomes the heart of a company's advertising;message.;Answer;quiz 6;? Question 1;2 out of 2 points;The most commonly used pricing technique for manufacturers;is;Answer;? Question 2;2 out of 2 points;Most service firms base their prices on;Answer;? Question 3;2 out of 2 points;costing includes only those costs that vary;directly with the volume of an item produced.;Answer;? Question 4;2 out of 2 points;Price wars usually begin when;Answer;? Question 5;2 out of 2 points;Small business owners get into trouble when determining;their price floor when they;Answer;? Question 6;2 out of 2 points;is a technique in which a small firm marks down the;price of a popular item below its normal price in an effort to increase;customer traffic and to boost sales of other items.;Answer;? Question 7;2 out of 2 points;tells what portion of the total revenues remains;after covering variable costs to contribute toward meeting fixed expenses and;earning a profit.;Answer;? Question 8;2 out of 2 points;The final price set by the entrepreneur for the products;depends on;Answer;? Question 9;2 out of 2 points;Even in the short run, a small business must set the price;of a product at least equal to the ________ costs (per unit), or it must shut;down.;Answer;? Question 10;2 out of 2 points;is a pricing strategy under which local customers;subsidize" the shipping charges the firm incurs when transporting;merchandise to distant customers.;Answer;? Question 11;2 out of 2 points;A firm sells small-ticket items to their regular customers;on customer charge accounts and then bills the customers each month. This type;of credit arrangement is called;Answer;? Question 12;2 out of 2 points;When a small business owner doesn't want to make a pricing;decision, he/she can use a(n) ________ pricing strategy.;Answer;? Question 13;2 out of 2 points;A common "me-too" pricing policy by which the;small business owner establishes his/her prices by monitoring competitor's;prices and then matching them is called;Answer;? Question 14;2 out of 2 points;When pricing products, it is important to remember that;Answer;? Question 15;2 out of 2 points;Which of the following factors is vital to determining the;effects of competition on the small firm's pricing policies?;Answer;? Question 16;2 out of 2 points;A relatively easy way of getting into international;marketing, which currently handles about 10% of all U.S. exports, is through;who act as distributors in foreign countries for domestic companies of;all sizes.;Answer;? Question 17;2 out of 2 points;An embargo is;Answer;? Question 18;2 out of 2 points;The most important ingredient in the recipe for a successful;joint venture is;Answer;? Question 19;2 out of 2 points;A quota is;Answer;? Question 20;2 out of 2 points;is said to link trading partners, whether they are;giant corporations or single individuals with a small business.;Answer;? Question 21;2 out of 2 points;Of the three domestic barriers exporters face, ________ is;the biggest.;Answer;? Question 22;2 out of 2 points;A ________ is a document the seller draws on the buyer;requiring the buyer to pay the face amount (the purchase price of the goods);either on sight (a sight draft) or on a specified date (a time draft) once the;goods are shipped.;Answer;? Question 23;2 out of 2 points;An entrepreneur wants to move into international markets but;can't quite figure out how to do it. He's not clear on his target market or how;to approach it but he knows he needs to "go global." This;entrepreneur is experiencing which barrier to international trade?;Answer;? Question 24;2 out of 2 points;The simplest and least expensive way to conduct;international business is through;Answer;? Question 25;2 out of 2 points;involves a transaction in which a company selling;goods in a foreign country agrees to promote investment and trade in that;country.;Answer;? Question 26;2 out of 2 points;participating companies get antitrust immunity;allowing them to cooperate freely.;Answer;? Question 27;2 out of 2 points;The biggest barrier to small business exports is;Answer;? Question 28;2 out of 2 points;Expanding a small business into international markets;Answer;? Question 29;2 out of 2 points;An American executive went to a foreign country to sign a;business contract. While there, he found that there were numerous government;regulations his company needed to meet before closing the deal. This executive;was experiencing which barrier to international trade?;Answer;? Question 30;2 out of 2 points;is the exchange of goods and services for other;goods and services.;Answer;quiz 5;? Question 1;2 out of 2 points;The primary opportunity for time compression management;(TCM) lies in its application to;Answer;? Question 2;2 out of 2 points;The majority of customers who stop patronizing a particular;store do so because;Answer;? Question 3;2 out of 2 points;Small businesses are able to maintain a leadership role in;innovation by;Answer;? Question 4;2 out of 2 points;One "natural" advantage small businesses have over;large business, which can be a significant competitive advantage, is;Answer;? Question 5;2 out of 2 points;is the notion of drawing customers into a store by;creating a kaleidoscope of sights, sounds, smells, and activities, all designed;to entertain?and, of course, sell.;Answer;? Question 6;2 out of 2 points;One-to-one marketing is a marketing strategy that;Answer;? Question 7;2 out of 2 points;Small businesses can compete with larger rivals with bigger;budgets by employing unconventional, low-cost creative techniques known as;Answer;? Question 8;2 out of 2 points;The Total Quality Management (TQM) concept;Answer;? Question 9;2 out of 2 points;The cost of marketing a product is highest in the;Answer;? Question 10;2 out of 2 points;To build an effective customer service program, it is;important to;Answer;? Question 11;2 out of 2 points;When it comes to gathering market research on customers;most small companies tend to be;Answer;? Question 12;0 out of 2 points;Attracting a new customer costs ________ as much as keeping;an existing one.;Answer;? Question 13;2 out of 2 points;Numerous surveys have concluded that the most important;element of service is;Answer;? Question 14;2 out of 2 points;Shifting patterns in the age, income, education, race, and;other characteristics of the population are the subject of ________ and exert a;potent force on a company's marketing plan.;Answer;? Question 15;2 out of 2 points;A company's competitive edge is;Answer;? Question 16;2 out of 2 points;In a(n) ________ advertising program, a group of similar;businesses forms a "syndicate" to produce "generic" ads;that allow the individual businesses to dub in local information.;Answer;? Question 17;2 out of 2 points;Before making a sales call, the salesperson sets three;objectives. Which one is not an objective?;Answer;? Question 18;2 out of 2 points;is any sales presentation that is nonpersonal in;nature and is paid for by an identified sponsor.;Answer;? Question 19;2 out of 2 points;The ________ method is the most difficult and least used;technique of establishing an advertising budget.;Answer;? Question 20;2 out of 2 points;The choice of advertising medium is primarily determined by;Answer;? Question 21;2 out of 2 points;A successful public relations technique used by local;businesses to sponsor and promote fundraising activities of nonprofit groups is;called;Answer;? Question 22;2 out of 2 points;In reality, advertising;Answer;? Question 23;2 out of 2 points;Effective ads are built on;Answer;? Question 24;2 out of 2 points;The most meaningful unique selling proposition;Answer;? Question 25;0 out of 2 points;Radio's power as an advertising medium comes from;Answer;? Question 26;2 out of 2 points;The key to the success of direct mail advertising is;Answer;? Question 27;2 out of 2 points;Which of the following media account for the greatest;portion of advertising expenditures?;Answer;? Question 28;2 out of 2 points;A successful direct mail ad is characterized by;Answer;? Question 29;0 out of 2 points;Newspaper advertising is characterized by;Answer;? Question 30;2 out of 2 points;The ________ becomes the heart of a company's advertising;message.;Answer;quiz 7;?;The largest cost in a public stock offering is;Answer;? Question 2;2 out of 2 points;The "wait to go effective" is the time period;when;Answer;? Question 3;2 out of 2 points;financing includes the personal investment of the;owners and is often called "risk capital.;Answer;? Question 4;2 out of 2 points;The outstanding publicly held stock is also called;Answer;? Question 5;2 out of 2 points;Working capital can be calculated by;Answer;? Question 6;0 out of 2 points;The formal underwriting agreement is signed;Answer;? Question 7;2 out of 2 points;A foreign stock market that caters to small companies is;Answer;? Question 8;2 out of 2 points;The single most important ingredient in making a successful;public offering is;Answer;? Question 9;2 out of 2 points;is any form of wealth used to produce more wealth.;Answer;? Question 10;2 out of 2 points;In a public offering, the underwriter;Answer;? Question 11;2 out of 2 points;The two factors that make a deal attractive to venture;capitalists are;Answer;? Question 12;2 out of 2 points;Regulation A is best suited when a company is at the;stage.;Answer;? Question 13;2 out of 2 points;When filing with the SEC, the initial registration;statement;Answer;? Question 14;2 out of 2 points;It typically takes ________ to take a company public.;Answer;? Question 15;2 out of 2 points;governs private placements and is designed to;reduce the registration requirements for small companies going public.;Answer;quiz 8;? Question 1;2 out of 2 points;is designed to provide working capital to small;exporters by providing loan guarantees of 90 percent of the loan amount up to;$1.5 million.;Answer;? Question 2;2 out of 2 points;For small businesses, ________ are the heart of the;financial market.;Answer;? Question 3;2 out of 2 points;The most common method used by commercial finance companies;to provide credit to small businesses is;Answer;? Question 4;2 out of 2 points;Asset-based borrowing permits small businesses;Answer;? Question 5;2 out of 2 points;A ________ makes only intermediate and long-term SBA;guaranteed loans. It specializes in loans many banks would not consider.;Answer;? Question 6;2 out of 2 points;A(n) ________ is a private nonprofit financial institution;that will make small loans to its members for the purpose of starting a;business.;Answer;? Question 7;2 out of 2 points;Savings and loan associations typically specialize in loans;for;Answer;? Question 8;2 out of 2 points;A popular form of debt financing with large companies, a;sort of corporate "IOU," which is becoming more accessible to a;growing number of small companies is;Answer;? Question 9;2 out of 2 points;Grants to small businesses, made to strengthen the local;economy in cities and towns that are considered economically distressed, are;made by;Answer;? Question 10;2 out of 2 points;This program was started to encourage small businesses that;wanted to expand their research and development efforts. It has made over;36,000 awards in excess of $10 billion.;Answer;? Question 11;2 out of 2 points;The most common type of commercial bank loan granted to;small businesses is;Answer;? Question 12;2 out of 2 points;When a small business is refused a loan because it is not;profitable and deemed a poor credit risk, the owner can usually turn to;as a source of short-term funds.;Answer;? Question 13;2 out of 2 points;A ________ is an agreement with a bank that allows a small;business to borrow up to a predetermined specified amount during the year;without making an application each time.;Answer;? Question 14;0 out of 2 points;Factoring;Answer;? Question 15;2 out of 2 points;The SBA's ________ program offers short-term capital to;growing companies seeking to finance seasonal buildups in inventory or accounts;receivable.;Answer;? Question 16;2 out of 2 points;When manufacturing large, bulky products, it is sometimes;necessary to bring the materials to a specific spot and do the assembly in one;place. This type of layout is know as a;Answer;? Question 17;2 out of 2 points;Designing layouts ergonomically and seeking to automate;product flows can result in;Answer;? Question 18;2 out of 2 points;As the service economy has grown, a business location being;used more and more by service businesses is;Answer;? Question 19;2 out of 2 points;The value of the floor space in a retail store depends upon;Answer;? Question 20;2 out of 2 points;A central business district is;Answer;? Question 21;2 out of 2 points;The starting point for designing a layout is;Answer;? Question 22;0 out of 2 points;TIGER;Answer;? Question 23;2 out of 2 points;A(n) ________ layout divides a store into a series of;individual shopping areas, each with its own theme. This layout can create a;distinctive image for a business.;Answer;? Question 24;2 out of 2 points;The Americans with Disabilities Act of 1990 requires that;Answer;? Question 25;2 out of 2 points;Originally created to encourage companies to locate in;economically depressed areas, ________ offer tax breaks and federal tax breaks;for hiring workers living in the immediate area.;Answer;? Question 26;0 out of 2 points;A(n) ________ layout arranges displays in a rectangular;fashion with parallel aisle. It is a formal layout that controls the traffic;flow through the store.;Answer;? Question 27;2 out of 2 points;The ________ of products and materials, their ________ of;transportation, and their ________ functions all interact in determining how;close a business needs to be to its sources of supply.;Answer;? Question 28;2 out of 2 points;The ________ serves a large trading area (10 to 15 miles or;more), contains from 50 to 100 stores, and has several major department stores;as its anchors.;Answer;? Question 29;0 out of 2 points;is a publication that provides important data to;aid entrepreneurs in their search for the best location.;Answer;? Question 30;2 out of 2 points;A Geographic Information System (GIS);Answer;quiz 10;? uestion 1;2 out of 2 points;When employees can set their own work hours within certain;guidelines, they are involved in;Answer;? Question 2;2 out of 2 points;involves cross-training employees so they can move;from one job in the company to others, giving them a greater number and variety;of tasks to perform.;Answer;? Question 3;2 out of 2 points;If a business owner goes to self-directed work teams, he/she;is most likely using the ________ style of management.;Answer;? Question 4;2 out of 2 points;Open book management is one technique that supports;Answer;? Question 5;2 out of 2 points;Kim, the human resources manager, is conducting an orderly;and systematic evaluation of all the facts about a new position in order to;determine what kind of employee to hire and how to compensate the position.;This is called a;Answer;? Question 6;2 out of 2 points;The grapevine in most organizations is;Answer;? Question 7;2 out of 2 points;The implementation of teams fails sometimes because;Answer;? Question 8;2 out of 2 points;Effective leaders are noted for their;Answer;? Question 9;0 out of 2 points;A job specification;Answer;? Question 10;2 out of 2 points;When it comes to enforcing employment laws and the job;interviewing process, the EEOC;Answer;? Question 11;2 out of 2 points;When checking references, the small business owner;Answer;? Question 12;2 out of 2 points;A motivational tool that also helps to guide performance and;lets the owner know that his/her company is accomplishing its operational goals;is;Answer;? Question 13;2 out of 2 points;Sometimes effective communication is blocked between leaders;and followers by;Answer;? Question 14;2 out of 2 points;If a company is to succeed, a leader must perform four vital;tasks which include;Answer;? Question 15;2 out of 2 points;A ________ outlines the duties and responsibilities;associated with a job and the working conditions involved.;Answer;? Question 16;2 out of 2 points;When a business owner purchases protection for losses;occurring when a contract is not completed on time or is performed incorrectly;it is buying ________ insurance.;Answer;? Question 17;2 out of 2 points;insurance is protection from loss, theft, or;destruction applied to vehicles, buildings, etc. It can be written with a broad;coverage or to cover a specific item or items.;Answer;? Question 18;2 out of 2 points;When a risk is evaluated in terms of how much it could;affect a company's ability to operate, the risk is being assessed in terms of;Answer;? Question 19;2 out of 2 points;In an, ________ managers and/or employees borrow money from;a financial institution and pay the owner the total agreed-upon price at;closing, then they use the cash generated from the company's operations to pay;off the debt.;Answer;? Question 20;2 out of 2 points;A small business that puts aside a specific amount of money;into a special fund each month to cover the cost of replacing its highly;specialized manufacturing equipment is using a risk ________ strategy.;Answer;? Question 21;2 out of 2 points;In ________ of the management succession process, the;successor's real decision-making power grows rapidly. The final assessment of;the individual's abilities is determined.;Ans

 

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