Business

In order to help ensure success for their new business, which of the f

QUESTION In order to help ensure success for their new business, which of the following questions is LEAST helpful for Short and Shearer to periodically ask themselves? A) How well does our firm’s operation align with the business plan? B) How many employees do we have? C) How are we handling our finances? D) How […]

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Date: September 3rd, 2020

Bernardo Rodriguez is the chief operating officer of a small IT firm o

QUESTION Bernardo Rodriguez is the chief operating officer of a small IT firm operating in the northeastern United States. He and the chief executive officer feel it is time to decide whether to expand to other regions, so the next best step for them will be to isolate themselves and make the decision. Indicate whether […]

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Date: September 3rd, 2020

Aardvark needs some short-term financing to meet a cash-flow gap while

QUESTION Aardvark needs some short-term financing to meet a cash-flow gap while it makes immediate capital expenditures. Which of the following, if true, strengthens the case for the company using a credit card for this purpose? A) Family members of the company owners have a lot of liquid assets. B) The company is not sure […]

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Date: September 3rd, 2020

In what way was Enterprise Rent-A-Car’s history as a niche company lik

QUESTION In what way was Enterprise Rent-A-Car’s history as a niche company likely to have been a disadvantage as it sought to become an industry leader? A) It had less brand awareness than an entirely new company would have had. B) It lacked experience developing profitable customer relationships. C) It had to overcome its reputation […]

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Date: September 3rd, 2020

The Village Inn owner hires the candidate that impresses him as having

QUESTION The Village Inn owner hires the candidate that impresses him as having the most potential for growing into the head chef position. He recognizes, however, that the new hire will need training to become familiar with the specific demands of the job. If the owner is a good manager, what would his first step […]

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Date: September 3rd, 2020

Given the owner’s priorities, which of the following, if true, most cl

QUESTION Given the owner’s priorities, which of the following, if true, most clearly justifies posting a job description on a local Internet job board as the most effective first step? A) The restaurant is located in an area served by a community college with a popular culinary arts program. B) Posting a notice on a […]

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Date: September 3rd, 2020

The Village Inn owner narrows the field to three likely candidates for

QUESTION The Village Inn owner narrows the field to three likely candidates for the head chef position and calls them in for a face-to-face interview. Which of the following topics, if raised by the employer in an interview, is the least helpful in identifying the best applicant? A) what they most dislike about preparing food […]

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Date: September 3rd, 2020

Which of the following, if true, most undermines TestPrepWizard.com’s

QUESTION Which of the following, if true, most undermines TestPrepWizard.com’s decision to focus on high-end private tutoring services? A) Customers interested in test preparation services are increasingly likely to have used technology products in educational settings. B) Many students require extensive assistance in order to achieve their score goals on entrance exams. C) The market […]

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Date: September 3rd, 2020

Answers to which of the following questions are LEAST relevant to dete

QUESTION Answers to which of the following questions are LEAST relevant to determining whether Christina has located a good opportunity in starting Redenda Pizza? A) Are there other pizza restaurants in the immediate vicinity of the planned locations? B) Is the business of other pizza restaurants in the city growing? C) Do the planned locations […]

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Date: September 3rd, 2020

Which of the following, if true, strengthens the case that Christina h

QUESTION Which of the following, if true, strengthens the case that Christina has a good opportunity in opening a new pizza restaurant? A) There are many existing pizza restaurants in Christina’s city. B) The pizza business in Christina’s city has remained largely unchanged for many years. C) Restaurant consumers in Christina’s city mostly frequent Mexican […]

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Date: September 3rd, 2020