What are specific locations of Ramada,McDonald's,and Subway examples of?
A) government entities
B) university sponsored businesses
D) networking businesses
What does a start-up company need in order to estimate the required size of a plant,store,or office,to decide how much inventory to carry,and to determine how many employees to hire?
A) sales forecast
B) tax estimate
C) business objective
D) stock options
E) funding source
Which of the following is the MOST significant disadvantage of franchising?
A) high start-up costs
B) risk of failure
C) difficulty in obtaining financing
D) lengthy contracts
E) high cost of operation
What is the major drawback of accepting venture capital?
A) sharing company control
B) having to pay high interest rates
C) limiting expansion
D) facing a short repayment period
E) having to write a proposal