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35_lynncampbell
35
| Question | Answer |
|---|---|
| asset capital is a term used to descride borrowed funds that must be returened | false |
| a job description should include teh equipment needed to do the job. | true |
| collateral is anything of value that you pledge as payement to a loan | true |
| robin plans to open a donut shop. currently she is decidining wether to buy leasse or build a shop. according to the text book leasing offers her the most advantages | true |
| in creating a business plan, it is the best to avoid mentioning any skills you need but hhave not yet aquired | false |
| what section of business plan includes data about population distribution and local prevailing economic conditions? | trading area analysis. |
| according to the text, what is the best way for a business owner to decide which market to target? | to study the way certain populations perceive their own needs. |
| what is the diagram of the various jobs and functions within a company called? | organization chart. |
| what economic measurement combines population size disposable income, and retail sales figures? | the buying power index. |
| what is the method business owner most frequently use to finance their business? | using owners' personal savings. |
| with seven uears of boat repair expirence, Jimmy feels ready to oen his own business. He will need to borrow money from a lending institution to start operations. This means he will have to depend on ______________ capital to finance his shop. | debt |
| tennis shoe emporium opened a new store next to ultimate sports uniforms inc. in business terms tennis shoe emporium is a(n) _________ business | complimentary |
| solo proprietorships, partnerships, and corporations are all types of business _________ | ownership |
| __________ is the U.S. government agaency that has created over 900 centers to provide management and technical assistance to small businesses and new entreprenuers. | SBA |
| according to the text thte three main types of ownership are sole proprietoraship, _______, and corporations | partnership |
| disposable income is aso known as ____________ income | buying |
| ____________ are statistics concerning a population's age range ethnicities, and marital status variations | demographics |
| in his bsiness plan eduardo carefullu expalined how his business would be run and what he perceived would be his compauns role i tne local economy. Thus, eduardo was desrbing his business _________. | philosophy |
| deciding where to locate a business in extrmely important because location has a direct offect on a business's __________ | sales |
| property and goods that can be converted into money to finance business operations | G |
| cooperative financial association formed by a group of employees. | J |
| someone who puts moneyh into a business | K |
| a description of one's training, strengths, and weaknesses. | I |
| the geographic area from whcih a business's customers come. | C |
| describes how a consumer decides when and where to make purchases. | F |
| a business's plan for a managing goods it purchases or manufactures. | E |
| money that was recieved by a consumer as wages,interest, or profits, and from which taxes have been subtracted. | A |
| factors total population,income, retail, to determine area sales potential. | D |
| a descriptive proposal that is submitted to potential investors or lenders | H |
Created by:
vhaun
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