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Chapter 5 Assignment questions with answers

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Chapter 5 Assignment questions with answers Which of the following statements regarding family-owned businesses is true? Family-owned companies must be closed corporations. Family-owned companies are an example of a not-for-profit corporation. Only a small percentage of family-owned businesses survive into the second or third generation. Family-owned companies must submit a written agreement to the state in which it organizes. - ANSWERS Only a small percentage of family-owned businesses survive into the second or third generation. Small-business owners want to determine whether their companies meet the standards for small-business designation because they do not have to pay taxes on their profits. government agencies offer benefits designed to help small businesses compete with larger firms. incorporation is easier for them. banks are more likely to grant them loans. - ANSWERS government agencies offer benefits designed to help small businesses compete with larger firms. Although the average farm size has increased in recent years the majority of farmers operate as ________ businesses. Small Government owned Large Partnerships - ANSWERS Small ________ of small businesses are considered home-based businesses. About 25 percent About 50 percent About 75 percent Less than 25 percent - ANSWERS About 50 percent Small businesses that provide ________ have experienced the greatest increase in new jobs. Retailing merchandise Services Goods Products - ANSWERS Services Innovation is possible in small business because they ________. provide fertile ground for new ideas work harder employ highly intelligent, motivated people have the funds to turn new ideas into large-scale, profitable ventures - ANSWERS provide fertile ground for new ideas Owners of small businesses can increase their chances of success if they: hire only family members or friends. understand their own limitations. become an expert in legal, financial, marketing, and other related business areas. incorporate their business. - ANSWERS understand their own limitations. A small business fails in the management sense when ________. marketing training is lacking staffs are overworked overall business training is lacking financial training is lacking - ANSWERS overall business training is lacking According to surveys, the largest lenders to small businesses are ________ . investors credit card companies family members commercial banks - ANSWERS commercial banks A business plan for a small business typically contains all of the following EXCEPT ________. a statement of the company's goals a detailed time frame for achieving goals projections of money flows a time frame for selling stock to investors - ANSWERS a time frame for selling stock to investors ___________ use their own capital supplemented with government loans to invest in small businesses. Microloans Joint ventures Franchisors Small Business Investment Companies (SBICs) - ANSWERS Small Business Investment Companies (SBICs) The Small Business Administration (SBA) provides all of the following EXCEPT ________. business incubators loan guarantees advice from retired executives

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assignment 5 questions with answers
According to the video lesson, which of the following is NOT an explanation for the
increasing numbers of single-parent families?
Increasing divorce rate
Economic pressure
No longer a stigma attached
Death of spouse - ANSWERS Death of spouse

According to the video lesson, traditionally, the _______ family consists of parents
and their children.
ideal
concentric
nuclear
real - ANSWERS nuclear

According to the video lesson, a ___________ family includes children from
previous marriages and children from the current union or marriage.
blended
mixed
multi-level
nuclear - ANSWERS blended

According to the video lesson, which of the following is a reason sociologists are
interested in studying teenage parents/families?
Teenage parents often lack the maturity needed to raise children.
Teenage parents often drop out of school to raise children.
Teenage parents have difficulty getting ahead economically.
All of the above. - ANSWERS All of the above.

According to the video lesson, often in ______________ families the people must
work on reconciling differing ethnic heritages and values.
nuclear
single parent
racially or ethnically mixed
blended - ANSWERS racially or ethnically mixed

Which is one reason that sociologists cite to explain why men and women are
delaying marriage until their mid-to-late twenties?
Many young people place education and career higher than marriage on their list of
priorities.
Many women fear having children too early and, consequently, having to give up a
good career.
Most men spend at least a year traveling the world to get a better understanding of
the world, and consequently, don't want to be tied down by a wife.
Most people in the Millennial generation are caring for their aging parents and do
not have time for long term, serious relationship - ANSWERS Many young people
place education and career higher than marriage on their list of priorities.

, Why do sociologists find the study of family to be so important when trying to grasp
the mores and norms of a culture?
Families provide for each other as well as carry out and teach a particular culture to
other members of the family.
Families almost never reinforce the values of the society in which they live, and thus
can bring about change without much effort.
Families are so isolated from society at large that they become tiny independent
societies.
Families tend to be apathetic towards culture whereas young unmarried people
reinforce social rituals and ideologies. - ANSWERS Families provide for each other
as well as carry out and teach a particular culture to other members of the family.

It does not matter because divorce occurs when two people are incompatible and
does not depend on how long people have lived with each other.
Cohabitating, unmarried partners have the exact same divorce rate as the people
who don't cohabitate until marriage.
Cohabitating, unmarried partners have a slightly lower divorce rate after they get
married than those who don't cohabitate until after marriage.
Cohabitating, unmarried partners have a slightly higher divorce rate after they get
married than those who don't cohabitate until after marriage - ANSWERS
Cohabitating, unmarried partners have a slightly higher divorce rate after they get
married than those who don't cohabitate until after marriage

When Maria married John, she moved to John's house which was adjacent to his
parent's house. Her mother-in-law was always over giving Maria advice on
everything from decorating to icing cakes. Maria lives in a:
Maropitant residence
Patri distant residence
Matrilocal residence
Patrilocal residence - ANSWERS Patrilocal residence

What is the relationship between intimate partner violence (IPV) and marriage?
Men and women who are married feel empowered to report abuse, thus the
statistics we have on IPV between married couples are very accurate.
Men and women who are married experience less abuse, than those who are
separated or cohabitating
Men and women who are married experience considerably more abuse, than those
who are cohabitating, or separated.
Men and women who are married prefer to seek therapy and counseling for their
problems rather than hitting, punching, or screaming. - ANSWERS Men and women
who are married experience less abuse, than those who are separated or
cohabitating

Sociologists tend to define family in terms of
how a given society sanctions the relationships of people who are connected
through blood, marriage, or adoption
the connection of bloodlines
the status roles that exist in a family structure
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