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Duplicate of Entrepreneurship WebXam Review #2 Flashcards | StudBud
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Duplicate of Entrepreneurship WebXam Review #2
Duplicate of Entrepreneurship WebXam Review #2
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#entrepreneurship
Flashcards
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Questions
10
Answers
1
Setting performance standards is closely associated with which management function?
directing
planning
controlling
organizing
2
The purpose of a SWOT analysis is to examine a businesses
strengths, weaknesses, operational costs, and threats.
strategies, weaknesses, opportunities, and threats
strengths, weaknesses, opportunities, and threats.
strategies, weaknesses, opportunities, and technology.
3
Which plan includes day-to-day activities?
operational plan
credit plan
tactical plan
strategic plan
4
Consumption taxes are paid on
employees' wages
goods and services sold
imported goods
business property
5
FICA taxes are paid by
employees
sole proprietors
all of the above
corporations
6
If a small business owner is responsible for all the debts and choices of a business, they have
restrictive liability
limited liability
extendable liability
unlimited liability
7
Taxes are paid for
unemployment insurance
roads
the National Guard
all of the above
8
an implied contract becomes valid when it is
copyrighted
registered on
signed
acted on
9
Requiring food services workers to was their hands before serving meals is a form of
risk reduction
infringement
ergonomics
risk transfer
10
A lease is a type of
rider
derivative
intangible
contract