MOB 543 Quiz 3

subject Type Homework Help
subject Pages 3
subject Words 352
subject Authors Donald F. Kuratko

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The typical business will have cash inflows from three sources: cash sales, cash
payments received on account, and loan proceeds.
A common mistake in business planning is to purge all acronyms and technical jargon
from the plan.
Resource-rich countries and market-rich countries are usually one and the same.
Describe entrepreneurs and entrepreneurship in today's marketplace.
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It is always important that you weigh advantages against disadvantages in purchasing a
franchise.
Every business at some point needs the services of an attorney.
A good trait for an entrepreneur is to be a calculated risk taker.
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One of the most common reasons for acquiring a business is developing more
growth-phase products.
Sales forecasting is a process of projecting future sales through educated guesses.
Ethics provides the basic rules or parameters for conducting any activity in an
'acceptable' manner.

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