BUS 100 Test 2

subject Type Homework Help
subject Pages 2
subject Words 149
subject Authors Jeffrey R. Cornwall, Norman M. Scarborough

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Women now own 30.4 percent of all privately-held businesses in the United States.
Potential lenders and investors believe that an entrepreneur who lacks the discipline to
develop a good business plan likely lacks the discipline to run a business.
The government of Palmeria placed a high import tariff on steel from Dano. Dano's
steel is higher in quality and cheaper. Palmeria's actions result in higher prices for their
consumers.
Unlike equity financing, debt financing does not require an entrepreneur to dilute
her/his ownership interest in the company.
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A small company needs fixed capital to purchase its permanent assets.
The ideal size of a focus group is 20-25.

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