entrepreneurship test 4
it is difficult for small businesses to compete with large retailers because
all are correct
group of people who meet several times a year to make important decisions affecting a company
board of directors
a person who sells businesses for a living
business broker
a business with the legal rights of a person
corporation
which of the following is not a step involved when preparing a competitive analysis
create a customer profile
business that makes most of its money selling the same similar products/services to the same market as other business
direct competiton
distributions of profits to shareholders by corporations
dividends
all are disadvantages if family businesses except for
enjoy working with family members
businesses do not need to identify their target market in order to suceed
false
the amount owned to others
liability
Which of the following is a strategy for maintaining customer loyalty
offering superior service
a business owned by two or more people
partnership
weekly or monthly payment made by the owner of a franchise to the seller of a franchise
royalty fee
a unit of ownership in a corporation
share of stock
a business owned exclusively by one person
sole proprietorship
this act was passed to allow employees to join unions
wagner act
this is document employers forced employees to sign promising not to join a union
yellow dog contract