Questions from Business Foundation

Q: a. What reasons would you give if you were advising someone

a. What reasons would you give if you were advising someone to study business? b. What factors affect a person’s choice of careers? c. Once you have a job, what steps can you take to be successful?

Q: a. Explain the difference between an S corporation and a limited

a. Explain the difference between an S corporation and a limited-liability company. b. How does a regular (C) corporation differ from a not-for-profit corporation?

Q: a. What is the Export-Import Bank of the United

a. What is the Export-Import Bank of the United States? How does it assist U.S. exporters? b. What is a multilateral development bank (MDB)? Who supports these banks? c. What is the International Mone...

Q: Circle the letter before the most accurate answer. 6.

Circle the letter before the most accurate answer. 6. The selling and shipping of raw materials or products to other nations is called a. importing. b. exporting. c. balance of trade. d. balance of pa...

Q: a. Explain the difference between an open corporation and a closed

a. Explain the difference between an open corporation and a closed corporation. b. How is a domestic corporation different from a foreign corporation and an alien corporation? c. Outline the incorpora...

Q: a. What are the advantages of a corporation? b

a. What are the advantages of a corporation? b. What are the disadvantages of a corporation?

Q: a. What is a sole proprietorship? b. What

a. What is a sole proprietorship? b. What are the advantages of a sole proprietorship? c. What are the disadvantages of a sole proprietorship?

Q: a. List and briefly describe the principal restrictions that may be

a. List and briefly describe the principal restrictions that may be applied to a nation’s imports. b. What reasons are generally given for imposing trade restrictions? c. What are the general effects...

Q: a. What are the major advantages and disadvantages of smallness in

a. What are the major advantages and disadvantages of smallness in business? b. What are the major components of a business plan? Why should an individual develop a business plan?

Q: a. Identify five ways in which the SBA provides management assistance

a. Identify five ways in which the SBA provides management assistance to small businesses. b. Identify two ways in which the SBA provides financial assistance to small businesses. c. Why does the SBA...