A(n) _____ is part of a contract in which a party intentionally gives up legal rights or
claims.
A. retainer
B. easement
C. arraignment
D. waiver
Which of the following problems is closely related to role conflict?
A. Resource shortage
B. Lack of skills
C. Shortage of time
D. Perseverance
When debt increases as a percentage of total investment, the value of the firm:
A. increases at a decreasing rate.
B. decreases at an accelerated rate.
C. increases at an accelerated rate.
D. decreases at a decreasing rate.
The two broad types that CSFs fall into are outside help and _____.
A. entrepreneurial experience
B. start-up capital
C. brand name affiliation
D. serial entrepreneurship
The prices of chewing gums, candy bars are traditionally fixed at 50 cents; this limits
the industry from raising its prices beyond a certain level. This pricing is an example of
_____.
A. odd-even pricing
B. customary pricing
C. premium pricing
D. reference pricing
A nation where the major forces for jobs, revenues, and taxes come from farming or
extractive industries like forestry, mining, or oil production is a(n):
A. factor-driven economy.
B. efficiency-driven economy.
C. innovation-driven economy.
D. competency-driven economy.
The dissolution of a corporate form, making it back into a sole proprietorship or general
partnership, if the court finds that the owner carelessly mixed up personal and business
assets or finances is known as:
A. piercing the veil.
B. adverse possession.
C. nonfeasance.
D. easement.
Which of the following direct sales methods is effective for products that need
demonstrations or detailed explanations?
A. Industrial sales
B. Door-to-door sales
C. Vending machines
D. Flea market
The ratio of debt to equity that provides the maximum level of profits is called _____.
A. cost of capital
B. declining financial leverage position
C. optimum capital structure
D. weighted average cost
Sam used his management skills to start a loans advising website. He started seeing
clients at his home before it grew into a well-established company in the next ten years.
Which of the following entrepreneurial methods did he use in the beginning, to reduce
the financial risk of his start-up?
A. Franchise
B. Consignment
C. Lean method
D. Liquidation