Which of the following is true of a small business? a.It is not owned by one individual
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Question:
Which of the following is true of a small business?
a.It is not owned by one individual alone.
b.It has many retail outlets.
c.It does not influence its environment.
d.It is publicly owned.
Most successful entrepreneurs:
a.succeed straight out of college.
b.launch their ventures in their spare time.
c.analyze market conditions carefully.
d.succeed alone.
A(n) _____ is a contract between an entrepreneur and a parentcompany; the entrepreneur pays the parent company for the use ofits trademarks, products, formulas, and business plans.
a.sponsored agreement
b.express contract
c.unconscionable contract
d.franchising agreement
Related Book For
Managerial Economics A Problem Solving Approach
ISBN: 978-1133951483
3rd edition
Authors: Luke M. Froeb, Brian T. McCann, Mikhael Shor, Michael R. War
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