1an internet search for information about franchise businesses will not you find out

a. start-up costs.
b. the number of hours you'll have to put in.
c. support you'll receive from the parent corporation.
d. the variety of franchise businesses available.

2 all of the following phrases describe a partnership except

a. high protection for your personal assets.
b. shared responsibility for decisions.
c. the involvement of up to 20 partners.
d. low start-up costs.

3 once you've chosen your business and focused on your niche, the next step is to

a. research the amount of capital you'll need.
b. research the best location for your shop.
c. write your business plan.
d. establish a web presence.

4 which one of the following types of businesses has the least amount of personal liability?

a. sole proprietorship
b. corporation
c. close corporation
d. partnership

5 if teamwork and support are high on your priority list, a may be a poor choice for a business.

a. sole proprietorship.
b. corporation.
c. partnership.
d. close corporation.

6 rob, dave, and kelly understand the financial risks involved in starting their own brewery; that's why they've established their business as a

a. company.
b. proprietorship.
c. partnership.
d. close corporation.

7 ultimately, to be successful, a business must

a. make a profit.
b. provide a service.
c. fulfill a commercial need.
d. make you happy.

8 the overwhelming majority of existing businesses are

a. close corporations.
b. partnerships.
c. corporations.
d. sole proprietorships.

9 one of the disadvantages of a sole proprietorship is

a. large claims on profits.
b. high start-up costs.
c. danger to your personal assets.
d. lack of control for you.

10 suzanne, who started a new restaurant, set up her business as a in order to keep her personal and business finances legally separate.

a. company
b. close corporation
c. partnership
d. sole proprietorship

need i passed all my classes except this class and i'm retaking business for a 3rd time

Vulcan flyovers offers scenic overflights of mount st. helens, the volcano in washington state that explosively erupted in 1982. data concerning the company’s operations in july appear below: vulcan flyovers operating data for the month ended july 31 actual results flexible budget planning budget flights (q) 56 56 54 revenue ($350.00q) $ 16,500 $ 19,600 $ 18,900 expenses: wages and salaries ($3,300 + $91.00q) 8,354 8,396 8,214 fuel ($31.00q) 1,904 1,736 1,674 airport fees ($870 + $35.00q) 2,730 2,830 2,760 aircraft depreciation ($11.00q) 616 616 594 office expenses ($240 + $1.00q) 464 296 294 total expense 14,068 13,874 13,536 net operating income $ 2,432 $ 5,726 $ 5,364 the company measures its activity in terms of flights. customers can buy individual tickets for overflights or hire an entire plane for an overflight at a discount. required: 1. prepare a flexible budget performance report for july that includes revenue and spending variances and activity variances.

Given the following information, calculate the savings ratio: liabilities = $25,000 liquid assets = $5,000 monthly credit payments = $800 monthly savings = $760 net worth = $75,000 current liabilities = $2,000 take-home pay = $2,300 gross income = $3,500 monthly expenses = $2,050 multiple choice 2.40% 3.06% 34.78% 33.79% 21.71%

Part three of three how are exchange rates determined in a flexible exchange rate system? us dollar compared to the pound inflation and deflation us dollar compared to the euro supply and demand read the statement. country a is running a trade deficit. what must country a do to reverse this trend? it must hire more workers to increase products for export. it must continue the course it is currently following. it must print more money so people will spend more. it must increase trade exports with other countries. what are consequences of a weak dollar? (select all that apply.) increase in the cost of exports unemployment in import industries increase in the cost of imports unemployment in export industries which is an example of regional cooperation to promote economic growth? neighboring countries negotiate tariffs and duties regarding trade. neighboring countries sign a pact to limit immigration into their countries. neighboring countries remain separate but work together to promote peace. neighboring countries set up quotas on resources that can be sold. why would wealthy nations have an interest in the development of poor nations? (select all that apply.) it opens up new markets for goods and services. it leads to migration between the countries. they want to improve tariff revenues with imports. they feel an ethical or moral obligation to do so. how can the world bank developing nations economically? it can work to remove serious health problems so resources can shift to economic growth. it can provide loans to developing countries to build new infrastructures. it can protect and negotiate free trade deals between neighboring nations. it can sell medical drugs and other treatments to clinics at a very low cost, saving the patients money. which is a characteristic of the takeoff stage of rostow's five stages of economic growth? the population as a whole has its basic needs met and enjoys a high standard of living focused on consumer goods. advancements in technology require a skilled labor force competent in electronics, medicine, and engineering. a country begins to grow rapidly and new industries start to emerge that drive further economic development. the labor of a country is unskilled and focuses on agricultural production, animal husbandry, and the harvesting of timber. how can a developing nation improve its economy if it lacks natural resources? it can default on loans owed to foreign banks. it can place high tariffs on all of its imports. it can engage in international trade. it can flood foreign exchange markets with its currency. how might developing countries obtain funding? (select all that apply.) they can obtain financial assistance from world bank. they can attain microloans from neighboring countries. they can gain loans from private investors. they can acquire grants from foreign countries. what reasons do protectionists cite most for restricting trade? (select all that apply.) to protect national security and prohibit us reliance on other countries to protect us taxpayers from increased income and corporate tax rates to protect us infant industries that tend to have high production costs to protect us jobs due to cheap labor in other countries