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Stack #4544200
| Question | Answer |
|---|---|
| Basic torts relating to businesses often involve dispute concerning | contracts |
| What is a type of intangible business property that is protected by law? | Trademark |
| What is a characteristic of a business-format franchise? | Continuous assistance is provided by the franchisor |
| Limited liability, indefinite length, ease of expansion, legal entity, and transfer of ownership are considered advantages of a ______. | corporation |
| Channels of distribution benefit consumers by: | making a variety of products available to them. |
| For what markets would producers use a short channel of distribution? | - Local consumers |
| If a business considers wirer the consumers are and who they are before selecting a channel of distribution, the business is considering the ______ factor. | - market |
| What do business employees often need to do before they are able to write proposals? | Research the problem |
| What is an example of a manager developing a policy that impacts customer relations? | Extending business hours on weekends |
| What should a successful brand promise to be able to do? | Communicate an appealing benefit |
| What is one way that freedom in a private enterprise system is limited by laws? | Certain occupations must be licensed. |
| During the month of July, sales at Handy's Shoe Mart totaled $2,500. The cost of the shoes was $1,025. The owner paid $866 for supplies, insurance, rent, and utilities during the month. The $609 left over represents the owner's ______. | net profit |
| Non-corporations are taxed as pass-through entities, meaning that: | profits and losses are claimed on owners' personal tax returns. |
| What activity is an example of preparing before attempting to sell an idea? | Determining the details of your idea |
| Managers are more likely to be able to persuade employees to follow new procedures if the managers have ______. | credibility. |
| Ali wants to negotiate with her boss to take on more job responsibilities. Before approaching her boss, Ali needs to determine her boss's position and ______. | interests. |