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Executive Summary - (answer)Most business plans include a synopsis of the plan as a whole,
designed to be read by shareholders, lenders, and other third parties with an interest in learning
about the organization. What is this synopsis called?
An indication that the worker wont be treated as an employee. - (answer)Which of these should a
brokerage's independent contractor agreements include?
Brainstorming and focus groups are a big part of this style of management. -
(answer)Participatory
Who is behaving unethically in the following scenarios? - (answer)A licensee who doesn't show
potential buyers a home because he believes they aren't a cultural fit.
Serious damage to the firm's brand or reputation can occur as a result of ______. - (answer)A
single large event or a pattern of smaller events
,Which of these scenarios would best be solved with short-term financing? - (answer)Your
forecast shows that you won't be able to fully fund operations in February and March, but the
rest of the year looks great.
A leader who displays the quality of being a visionary is able to do what? - (answer)Look ahead
at trends to meet future market demands
Which of the following gives employers the right to hire and fire people with or without a
reasonable cause? - (answer)The doctrine of employment-at-will
Forecasters predict a huge spring blizzard. Jarrod's not concerned about operations because
everyone could use a couple of days off, anyway. The snow will melt eventually. What long-term
issues could arise that would cause more damage than Jarrod realizes? - (answer)Damage to the
building from the storm and melting snow could destroy Jarrod's office and records.
What's the last stage of a business life cycle? - (answer)Death
To be effective, the wording of a brokerage's code of ethics must be ______. - (answer)Specific
, What's the purpose of a firewall? - (answer)It prevents hackers from infecting your system with
viruses, worms, and malware.
Broker Jill is conducting the exit interview with one of her licensees, who is heading to a larger
brokerage. Which of the following is an appropriate exit interview question for Jill to ask? -
(answer)"What did you enjoy about working here?"
If a minor enters into a contract with an adult, which of the following is true? - (answer)The
minor may legally hold the adult to the contract, but the adult cannot legally hold the minor to
the contract.
Which of the following is an example of horizontal growth? - (answer)Adding a commercial
sales venture to a residential sales office
When is an agency disclosure form required? - (answer)Any time real estate matters are
discussed between an agent and a consumer
Which of these professional development opportunities is the best way for a licensee to receive a
quick introduction to a topic from an expert, or to dive more deeply into an area with other
experienced professionals? - (answer)Real Estate Seminar