Your business plan is a

a. brief description of your business.

b. blueprint for the achievement of your goals.

c. selection of your best business ideas.

d. strategy for opening your business.

Merton's Toothpaste has been the leader of dental care products for about 40 years. However, this company relied too long on its competency of reducing cavities without refining or upgrading other aspects of its product.

The act of entering a transaction in a journal is called

Arianna is an officer of New Stage, a theater production company. Without asking any other officers, she decides that New Stage should sell gardening tools over the Internet. She makes contracts with suppliers and an order-fulfillment company.

Which of the following statements concerning business processes is false? Select one: a. A process has inputs. b. A process has outputs. c. A process has activities that can be measured. d. A process creates value. e.

Sandy is an executive at Yummy Yogurt. Because she loves the yogurt so much, in the current year she decides to buy a yogurt machine from Yummy for $9,300.

China has a collectivist culture. how do you believe that this will affect managers in a starbucks store?

XYZ title, in preparing a title commitment for a transaction set to close on July 1, 2009, comes across a deed from July 1, 1988 that is improperly acknowledged. What notation should they put on the title commitment?

When a firm in perfect competition has economic profit is equal to zero?

Workers who receive benefits are often less motivated. True or false.

Examples of transaction costs include (check all that apply) : A. the cost of the externality. B. the cost of monitoring an agreement. C. the cost of drafting a contract or agreement. D.