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Esb V.2 Exam 2 Questions And Answers 100% Correct

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Classify each of the following businesses as either Physical or Digital. - ANSWER-Physical: - Bakery in your community - Hair salon that makes appointments online Digital: - Online store that dropships camping gear - Bookstore on Amazon that sells eBooks You need to create a legal structure for your small business. You have plans for it to grow and hope in the future to sell shares to the public. Your startup partners are citizens of Mexico and Japan. You do not want to be personally responsible for business liabilities. Which legal structure should you set up for your business? - ANSWER-C-Corporation Match each business management role to its corresponding description. To answer, move each role from the list on the left to its description on the right. - ANSWER-COO: Oversees the day-to-day administrative functions of a business; second in command. CIO: Develops policies and structures to protect company data. CFO: Creates budgets, analyzes financial data, and forecasts company profits. CEO: The highest-ranking employee in the company; reports to the board of directors. You own a lawn care business. You have employees who work long hours laboring in good weather, often exceeding 40 hours per week. They also work short hours when


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