sweeney brac test 2

which of the following is an essential skill for a successful entrepreneur and small business leader

• ability to complete complicated mathematical functions in your head

• ability to use hand tools

• ability to intimidate others

• ability to interact in a friendly and effective way with people you don't know

is the workplace expectation for being on time different than the high school expectation

• yes- being late at school carries greater penalties than being ate for work

• yes- being late for work carries greater penalties than being late at school

• no-the expectation for being on time are the same at work and at high school

• unclear

the government agency that enables companies to register to do business in the state of Louisiana is

• Department of Commercial license

• Secretary of state

• Workforce commission

• Internal Revenue Service

One critical difference between bank loans and online loans is

• applicants only have to be completely truthful on a bank loan application

• none- they are pretty much the same

• the amount of information the applicant must provide

• the amount of money the applicant can request

when launching a business, which is Not a critical consideration

• how a new company's product or service is different from or better than competitor products or services

• identifying team members with important skills the new business can hire

• what type of bank account the company will use

• physical or virtual location

Revenue per unit minus cost of goods sold equals

• unit breakeven

• contribution margin

• income proforma

• debt service

a payment made to an insurance company to cover the costs of an insurance policy is called

• a policy

• a dividend

• a beneficiary

• a premium

the profit margin on an item a company sells can best be described as

• total debt minus annual debt payment

• variable cost per unit

• price of the unit minus cost of goods sold

• total company revenue minus total company costs

what is this class called

• business success

• Microenterprise

• business math

• business english