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MGMT 3850 CHAPTER 7 ASSIGNMENT BUYING AN EXISTING BUSINESS

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MGMT 3850 CHAPTER 7 ASSIGNMENT BUYING AN EXISTING BUSINESS Essentials of Entrepreneurship & Small Business Mgmt., 7e (Scarborough) Chapter 7 Buying an Existing Business 1) The due diligence process of analyzing and evaluating an existing business: A) may be just as time consuming as the development of a comprehensive business plan for a start-up. B) helps to determine if the company will generate sufficient cash to pay for itself and leave you with a suitable rate of return on your inve...

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MGMT 3850 CHAPTER 11 HOMEWORK

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MGMT 3850 CHAPTER 11 HOMEWORK Essentials of Entrepreneurship & Small Business Mgmt., 7e (Scarborough) Chapter 11 Creating a Successful Financial Plan 1) In order to reach profit objectives, entrepreneurs must be aware of their firms': A) current ratio and liabilities. B) fixed assets and owner's equity. C) assets and liabilities. D) overall financial position and any changes in the financial status. 2) The ________ shows what assets the business owns and what claims creditors a...

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BUSI 2001 WEEK 2 QUIZ WITH ANSWERS | VERIFIED SOLUTION

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BUSI 2001 Week 2 Quiz with Answers BUSI 2001 Week 2 Quiz 1. A tort is 2. Lovell threatened to hit Farrin. If Lovell did hit Farrin and Farrin suffered injury or damages, she could sue Lovell for 3. To determine negligence, the court compares the conduct of the defendant with the conduct of 4. Actual malice must be shown by 5. For a contract to be valid, four essential elements are required. All of the following are essential elements of a valid contract except 6. Bentley, a mi...

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BUSI 2001 FINAL EXAM WEEK 6 WITH ANSWERS | VERIFIED SOLUTION

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BUSI 2001 Final Exam Week 6 with Answers BUSI 2001 Final Exam Week 6 1. Except as provided by statute, oral contracts are just as enforceable as written contracts. 2. Full performance is the most common method by which contracts are discharged. 3. One of the elements necessary to establish fraud is a false statement or concealment of a material fact. 4. The UCC requires all parties entering a sales contract to perform their obligations in good faith. 5. The term g...

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BUSI 2001 FINAL EXAM - QUESTION AND ANSWERS | CORRECT ANSWERS

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BUSI 2001 Final Exam - Question and Answers BUSI 2001 Business Law Final Exam Week 6 1. Except as provided by statute, oral contracts are just as enforceable as written contracts. 2. Full performance is the most common method by which contracts are discharged. 3. One of the elements necessary to establish fraud is a false statement or concealment of a material fact. 4. The UCC requires all parties entering a sales contract to perform their obligations in good faith. 5. The term goods inclu...

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• BUSI 2003 WK 2 QUIZ QUESTIONS AND ANSWERS | 2020/2021

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Process selection choices affect all parts of the firm and thus involve all functional areas along with general management. Make-to-stock (MTS) and make-to-order (MTO) process choices each offer relative advantages and disadvantages. Which of the following statements concerning MTS and MTO is true? The second common phase of product development focuses on product design. Which of the following is not an activity of the product design? Batch flow production systems have a number of characteris...

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BUSI 2001 FINAL EXAMS | LATEST UPDATE

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BUSI 2001 FINAL EXAM - QUESTION AND ANSWERS | CORRECT ANSWERS BUSI 2001 FINAL EXAM WEEK 6 WITH ANSWERS | VERIFIED SOLUTION

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MGT 302 QUIZ 11 | VERIFIED ANSWERS

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MGT 302 QUIZ 11 1. Sources of organizational inertia include all of these, except which of the following? Religious influences The existing culture The plan for the distribution of power within the organization Senior managers’ ideas about changes to the business model 2. Incentives are the metrics used to measure the performance of subunits and make judgments about how well managers are running those subunits. the devices used to reward appropriate managerial behavior. the manner i...

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MGT 302 CHAPTER 13 QUIZ | LATEST UPDATE

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MGT 302 CHAPTER 13 QUIZ 1. Profitability is calculated by dividing the total sales of the firm by total invested capital. 2. Firms usually respond to pressures for cost reduction by trying to 3. Firms that pursue a transnational strategy are trying to simultaneously do many things. Which of the following is one of those things? 4. Responding to pressures to be locally responsive requires a firm to standardize its products. 5. Which of the following is true about core compete...

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MGT 302 CHAPTER 15 QUIZ | 100% CORRECT

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MGT 302 CHAPTER 15 QUIZ 1. A firm that enters into a joint venture with another company reserves the right to keep control of its own technology. 2. Which of the following is an advantage of turnkey contracts? 3. A firm can rapidly build its presence in the target foreign market through acquisitions. 4. In a turnkey project, the contractor agrees to handle every detail of the project for a foreign client. 5. Access to local partner’s knowledge and shared development costs and ...

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