Reference no: EM132266366
1. Once a business is operational, an entrepreneur needs to keep an eye on ________, which is defined as "Current Assets minus Current Liabilities."
working capital
the operating ratio
capital assets
None of these.
2. William Petty's article on harvesting quotes Steven Covey who says, ________.
"The key to being effective in life is, 'beginning with the end in mind'."
"Your chance to sell or to merge typically occurs within the first two years of the life of the business."
"You may have only one chance to harvest your business."
None of these
3. Some contracts specify that conflicts may be settled through ________ instead of court.
arbitration
small claims
coercion
negotiation
4. A low deductible will yield a ________.
higher premium
higher coverage plan
lower premium
has no impact on the premium
5. What is used to identify and distinguish the source of a service rather than a product?
intellectual property
sales mark
trademark
service mark