Question 1 of 205.0 PointsWhich of the following represents the fastest-prospering segment of minority company ownership? A. African Americans B. Asians C. Hispanics D. Pacific IslandersConcern 2 of 205.0 PointsShirley is opening a freduced shop and also has actually chose to run as a sole proprietorship. Which of the adhering to is NOT an advantage Shirley will certainly have in operating her business? ? A. liberty B. simplicity of operation C. restricted licapacity D. low start-up costsInquiry 3 of 205.0 PointsWho constitutes the membership of SCORE? A. reexhausted executives B. venture capitalists C. firm officers D. commercial lendersQuestion 4 of 205.0 PointsWhich of the complying with is the a lot of considerable current trfinish in small-company start-ups? A. entrepreneurs that cross over from big company B. increased opportunities for minorities C. raised methods for womales D. development of e-commerceQuestion 5 of 205.0 PointsViola wants to be a business owner, and is contemplating whether to begin her very own business or open up a franchise. Which of the following, if true, would certainly be a compelling reason for Viola to open a franchise rather than begin a brand-new business? A. The franchiser requires $3,000 in start-up prices and a 5 percent monthly royalty fee. B. The parent agency will aid in developing the keep and also purchasing devices. C. The parent company will certainly aid in hiring and also training staff. D. The franchiser would certainly receive savings by enabling the franchisee to purchase from a central area.Concern 6 of 205.0 PointsWhich of the adhering to refers to associations of producers that regulate supply and also prices? ? A. independent agencies B. cartels C. profession partnerships D. multinationwide firmsInquiry 7 of 205.0 PointsWhich create of service ownership geneprices the many sales in the United States? A. sole proprietorship B. basic partnership C. cooperative D. corporationQuestion 8 of 205.0 PointsWhich of the following helps entrepreneurs gain skills that are necessary for running a business? A. ESOP B. SBICs C. SEC D. SBAQuestion 9 of 205.0 PointsWhich of the following is NOT a factor for brand-new organization failure? A. Insufficient funding B. Managerial incompetence C. Weak manage units D. LuckInquiry 10 of 205.0 PointsWhich of the following is a government payment to help a residential business compete via foreign firms? A. revenue tariff B. protectionist tariff C. import buy-ago D. subsidyQuestion 11 of 205.0 PointsWhich of the following forms of tariff is meant to discourage the import of particular products? A. revenue tariff B. quota tariff C. labor tariff D. protectionist tariffQuestion 12 of 205.0 PointsThe UNITED STATE federal government forbids the importation of cigars from Cuba. What is this exercise called? A. embargo B. tariff C. subsidy D. service practice lawConcern 13 of 205.0 PointsWhat is the a lot of considerable disadvantage of owning a franchise? A. start-up prices B. operational guidelines C. challenge obtaining loans D. double taxationInquiry 14 of 205.0 PointsWhich type of organization is legally considered a sepaprice entity from its owners and also is liable for its very own debts? A. sole proprietorship B. corporation C. restricted partnership D. cooperativeInquiry 15 of 205.0 PointsWhich of the complying with denotes the exercise of protecting domestic service at the expense of cost-free industry competition? A. fair trade B. well balanced profession C. complimentary trade D. protectionismInquiry 16 of 205.0 PointsIn which service sector are cooperatives still important? ? A. manufacturing B. automotive C. public utilities D. agricultureConcern 17 of 205.0 PointsWhich entity is characterized as independent and also has actually little bit affect on its market? A. corporation B. joint undertaking C. tiny business D. partnershipQuestion 18 of 205.0 PointsWhat does a start-up company need in order to estimate the required size of a plant, store, or office, to decide just how a lot inventory to lug, and to recognize exactly how many kind of employees to hire? A. sales forecast B. tax estimate C. organization objective D. stock optionsInquiry 19 of 205.0 PointsMany governments need that assets sold in their certain nation be at leastern partially made tright here. This plan requires what type of laws? A. quota legislations B. local content legislations C. business practice laws D. cost-free trade lawsConcern 20 of 205.0 PointsWhich of the complying with types of businesses is many widespread in the United States? A. single proprietorships B. basic partnerships C.


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cooperatives D. corporations