EXAMS AND STUDY GUIDES(Verified 100%)2022

In general, which two characteristics define a "small" business? (Choose two) - Fewer then 1,500 employees AND Less than $35.5 million revenue Classify each of the following businesses as either Physical or Digital. - Physical: - Bakery in your community - Hair salon that makes appointments online Digital: - Online store that dropships camping gear - Bookstore on Amazon that sells eBooks You need to create a legal structure for your small business. You have plans for it ...

Entrepreneurship - Setting up business with the aim to make profit. B2B (business-to-business) - Sells products and services directly to other businesses. Normally requires a sales tax exemption certificate from the buyer. B2C (business-to-consumer) - Sells products and services directly to customer for personal use. Small buisness - A small business is when a business has less than 35.5 million dollars in revenue, and fewer than 1,500 employees. S corporation(Small businesses) - is ...

James owns a restaurant with beginning cash balance of $5,000, $30,000 in sales, $2,000 in utilities, $6,000 in loans and $4,000 in marketing. What is James ending cash balance? - $24,800 Shelly owns a car dealership. She just received a shipment of teslas and paid $70,000 for each one and wants to make 25%. What should her selling price be? - $87,500 TRUE OR FALSE: Mortgage Payments are Long Term Liabilities - True Equipment is considered ... - a long term asset ROI is calculated by...

Domain 1 Lesson 1 - The key objective of a small business owner is to generate ____ - profits Entrepreneurs are willing to take on new opportunities and unknown ____ to grow their businesses rapidly - risks Tangible items that require pick-up or delivery are ____ products - physical When a ____ purchases an item from a business, it is a business-to-consumer transaction - customer ____ are for-profit corporations with limited liability - S corporations ____ are ideal for intern...

Mike owns a doggy day care. The business is economically healthy and wants to grow the business money wise. What business life cycle stage is he in. - Take off. What is the difference between small businesses and entrepreneurship? - Small business owner aren't always interested in taking on new business opportunities. What is the greatest risk to being an entrepreneur? - Financial instability. Trademark - Protects brand names and logos used on goods and services. Copyright - Protect...

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acute stress reactions - Reaction to stress that occurs during a stressful situation. airborne transmission - The spread of an organism in aerosol form. bloodborne pathogens - Pathogenic microorganisms that are present in human blood and can cause disease in humans. These pathogens include, but are not limited to, hepatitis B virus and human immunodeficiency virus (HIV). Centers for Disease Control and Prevention (CDC) - The primary federal agency that conducts and supports public healt...

Flexibility - Ability to adapt, willingness to change Courage - Takes risks in spite of possible losses Empathy - Sensitive to thoughts and feelings of others What are three characteristics of entrepreneurs? - Creativity, Determination, Enthusiasm After a self-assessment, a potential entrepreneur has learned that she has a very low risk tolerance. Based upon this finding, which approach might be less stressful for the entrepreneur to have her own business? - Buy an existing business ...

Quality - _______ is measured by how well the product or service successfully serves its users' purpose. E-commerce sales and door-to-door sales - What are two examples of direct distribution channels? Middlemen - Indirect distribution channels use _______ to sell their products to the end customers. Idea - The first stage of the product/market fit is the ________ stage. prototype - The second stage of the product/market fit is the ________ stage. launch - The third stage of the ...

Who used carrier pigeons to get news and stocks from Belgium to Germany? - Reuters What was the first way the world connected? - The Telegraph The study, design, development, implementation, support, and management of computer-based information systems, particularly software and hardware - Information Technology (IT) Who is in charge of all computer assets for an organization? - Chief Information Officer (CIO) The knowledge that enables a person to understand something - Competency ...