Business

Most affluent households in America are headed by business owners. The

QUESTION Most affluent households in America are headed by business owners. The self-employed account for what proportion of this group? A) one-third B) one-fourth C) one-half D) two-thirds E) three-quarters   ANSWER Answer: D Explanation: D) Researchers Stanley and Danko have found that self-employed business owners comprise more than two-thirds of affluent U.S. households not […]

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Date: September 3rd, 2020

Advances in technology always exert positive forces in the business en

QUESTION Advances in technology always exert positive forces in the business environment. Indicate whether the statement is true or false.   ANSWER Answer: FALSE Explanation: One example of a negative technological force is the increased risk to both businesses and consumers from computer hackers who gain access to sensitive information.

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Date: September 3rd, 2020

Last year, Carmela’s florist shop had higher expenses than revenues. W

QUESTION Last year, Carmela’s florist shop had higher expenses than revenues. Which of the following must be true? A) Carmela is operating a nonprofit organization. B) The florist shop posted a profit for last year. C) The florist shop posted a loss for last year. D) Carmela needs to raise the prices for her goods. […]

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Date: September 3rd, 2020