Which are Physical businesses?

You need to create a legal structure for your small business. You have plans for it to grow and hope in the future to sell shares to the public. Your startup partners are citizens of Mexico and Japan. You do not want to be personally responsible for business liabilities. Which legal structure should you set up for your business?

You own a lawn care business. You have employees who work long hours laboring in good weather, often exceeding 40 hours per week. They also work short hours when the weather is bad, sometimes they can't work at all. You do all of the sales for your business. Which two types of compensation would be appropriate for these landscape employees?

Oversees the day-to-day administrative functions of a business; second in command.

Develops policies and structures to protect company data.

Creates budgets, analyzes financial data, and forecasts company profits.

The highest-ranking employee in the company; reports to the board of directors.

The business is separate from the owner with responsibilities delegated to staff. A business in this stage usually commands a considerable share of the market and may even be a household name.

Company is stable and profitable.

Expansion strategies are implemented, and investment is balanced with potential.

Focus shifts to revenue, expenses, and growth. Cashflow is the major issue.

The business introduces itself to the market and attempts to catch the attention of potential customers.

Which two statements about the Design Thinking Process are True

Which of these is a characteristic of a successful entrepreneur mindset?

Which is one of the greatest risks of being an entrepreneur?

What is a primary benefit of starting a new business without purchasing a franchise or buying an existing business?

A _____ is a multi-page document describing and detailing a business.

A slide presentation for potential investors that summarizes of the key items of a business is called a _____.

A _____ is a single-page business summary template that was created by Ash Maurya.

Which three components are characteristics of a Pitch Deck?

Which statements are true about trademarks, trade secrets, copyrights, and patents

You downloaded several of your favorite songs and used them in an ad to promote your product on social media sites. The ad was rejected because of the songs you chose. You are told that you violated Fair Use copyright Which three factors used to evaluate Fair Use copyright? (Choose three)

Which of the following is an example of Primary Data?

Which three are online marketing platforms? (Choose three)

You have opened a for-profit adult technical school and you want to advertise it to potential students throughout your state. Which marketing method would be most appropriate?

The owner of an organic pet food store would like to analyze the sales data to determine if the business is growin g, declining or remaining flat. The owner has the following data:- Sales Revenue Last Year = $350,000- Sales Revenue Current Year = $402,500What is the sales growth?

A local restaurant prides itself in having a high number of return customers. To build loyalty, the owner of the restaurant offers a free Prime Rib dinner (value $20) to any customer who purchases a meal during 10 previous visits. Meals purchased are tracked by stamps on a Loyalty Card.At the end of a month, the owner decides to calculate the customer retention cost. The data is the following:- Number of Customers at Start of Month = 100- Number of Customers at End of Month = 120- Number of New Customers = 40- Value of Free Dinners Redeemed = $240What was the Customer Retention Cost?

Which two are segments in a Marketing Plan?

Place the Elements of a Sales Process in the correct order.

Which is the primary characteristic of all physical and digital sales channels?

Which two types of Sales Channels sell primarily to other businesses? (Choose two)

Which tool is most useful in helping Customer Service support sales strategies?

Select all that are true

A bakery has developed a new artisan bread. The staff are giving away taste samples to customers as they enter the store. What are two criteria the bakery can use to determine the quality of their new product? (Choose two)

You have an idea for a new service. Market research suggests the service is needed to solve a problem and will be enthusiastically embraced by customers .What is one of the first steps you must do before offering a new service?

You create a new strategy for lawncare services that involves assessing lawn health, applying the correct herbicides and pesticides and other necessary solutions to quickly bring a lawn back to health. What are three things you will need to consider regarding the mass delivery of your service? (Choose three)

A barber charges $20.00 per haircut. The total cost for running his home-based business is $4,000.00 per month, which includes his salary of $3,000 per month. The minimum number of haircuts he must do to cover all of these expenses and his salary is 200 per month. The barber wants to increase his salary to $4,000 per month, making his total monthly expenses $5,000. What is the minimum price he must charge for each of the 200 haircuts so he can cover this increased salary?

Which expense is a variable cost?

You have a handyman services business. You have the following financial information for the month.- Initial cash balance: $1,500- Projected revenue based on existing clients: $2,500- Gas: $100- Equipment maintenance fees: $300- Truck payment: $400- Payroll: $3,000- Insurance: $120What is your projected ending cash balance for the month?

Which two are benefit of using Angel investors to help start a business? (Choose two)

Which are two characteristics of fulfillment centers differ from direct distribution? (Choose two)