Although All the Functions of Business in a Small-Business Setting

question 82

Multiple Choice

Although all the functions of business in a small-business setting are important,which of the following are the primary concerns when you start your own business?

• A)planning and accounting
• B)planning and managing your employees
• C)planning and financing
• D)financing and knowing your customers

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Definitions:

Foreign Corporation

A corporation that conducts business in a state in which it is not incorporated.

Equal Employment

Equal employment refers to the principle of non-discrimination in hiring, promoting, compensating, and other employment practices, ensuring all individuals have equal opportunities regardless of various protected characteristics.

Collective Bargaining

The process whereby workers organize collectively and bargain with employers regarding the conditions of employment.

At-Will Employee

An employee who can be dismissed by an employer for any reason (that is not illegal) and without warning, as long as the reason is not illegal and does not contravene public policy.