Admin in parcial 2

What is Equity?

• Equity is the amount of debt a company or property has.
• Equity is the profit generated by a company or property.
• Equity is the total value of a company or property.
• Ownership interest in a company or property.

What is a Business Model?

• A business model is a marketing strategy used to attract customers.
• A business model is a legal document that establishes the company's ownership structure.
• A business model is a document that outlines the company's financial statements.
• A method of generating revenue

One who organizes, operates, and assumes the risk in a business. 

• Manager
• Entrepreneur
• Investor
• Employee

Are the economic resources a business uses to increase sales, reduce costs or otherwise generate value.

• customers or clients
• liabilities or debts
• outputs or finished products
• assets

Also known as “profit and loss statement”. Shows income and expenses and resulting profit or loss over a specified period of time.

• statement of retained earnings
• cash flow statement
• balance sheet
• income statement

The largest number of business in the are

• 1000
• 500
• Proprietorship

• 100

All investors in a general partnership have full liability for the debts of the business

• False
• Partners have limited liability
• True
• Only one partner has liability

What is the new normal for Change Management?

• The new normal for Change Management is to implement changes without any planning or communication.
• The new normal for Change Management is to resist any changes.
• The new normal for Change Management is no longer necessary.
• Continuous Change is the New Normal

What are the ​Three change phases

• Endings, Neutral Zone, New Beginning

• Thaw, Transform, Solidify
• Melt, Modify, Harden
• Defrost, Adapt, Set

Is it natural for organizations to experience change throughout time?

• Sometimes
• No
• Yes
• Rarely