GMETRIX QUIZ 2 LATEST VERSION GRADED A+

GMETRIX QUIZ 2 LATEST VERSION GRADED A+ In general which two characteristics define A small business? 1.)Fewer than 1,500 employees 2.)Less than $35.5 million revenue Physical or Digital -Bakery in your community -hair salon that makes appointments online Physical Physical or Digital -Online store that dropships camping gear -Bookstore on Amazon that sells eBooks Digital CEO The highest ranking CFO Creates budgets CIO Develops policies COO Oversees the day to day Which two types of compensation would be appropriate for these landscape employees? - Salary -Hourly maturity The business is separate from the owner Success Company is stable and profitable Take off Expansion strategies Survival of the Fittest Focus shifts to revenue, expenses and growth Existence The business introduces itself to the market Which of these is a characteristic of a successful entrepreneur mindset? Doesn't give up easily Which is one of the greatest risks of being an entrepenuer? Financial instability What is a primary benefit of starting a new business without purchasing a franchise or buying an existing business? Developing your own rules Which viable business opportunity does the retiring rancher foresee? An increase in land value Which three components are characteristic of Pitch Deck? -Used to get Investors attention -10-20 slides -Highly Visual True or false -Trade secrets are confidential information which may be sold or licensed. -A trademark protects a brand name. True True or False -A copyright is used to protect a company logo. -A patent is used to protect an original work, like music. False Which three factors are used to evaluate Fair Use copyright? -Purpose of your use -Effect of your use on the potential market of the work copied. -Amount of the work copied