Question 2.2.( TCO 1) People who stand to gain or lose by the policies and activities of a business and whose concerns the business needs to address include which of the following?( Points: 5)
Bankers Government employees Surrounding / competing businesses Foreign business leaders Domestic business leaders
Question 3.3.( TCO 1) You are fairly good at various and sundry home repairs. You aren’ t very good at electrical things, or anything having to do with plumbing. But you’ re great with painting, patching, and general maintenance on a home. You’ re contemplating starting a home repair business in your town. What are some issues that you can influence and should be concerned with in launching a new small business start-up?( Points: 5)
Current local council actions Local school board policies Government control Collecting and remitting sales and use taxes Training for what you don’ t know how to do
Question 4.4.( TCO 3) A small business is defined as a company that _____.( Points: 5)
is newly launched and has fewer than 100 shareholders is dominant in its field and employs fewer than 1,500 employees