Jane Is Considering Opening Her Own Business, Now That She

question 34

Multiple Choice

Jane is considering opening her own business, now that she has retired from her regular job. Her business idea is a reminder and shopping service, in which clients submit lists of birthdays, anniversaries and other important dates. Jane sends her clients reminders for those dates, and shops for special gifts at the client's request. She plans to do all of the work herself rather than hiring and managing additional employees. Jane's core competencies are most likely to include:

• A) An annual budget
• B) The ability to deduct business expenses on her tax return
• C) The first year's actual results
• D) Her knowledge of potential gifts and the local shops

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Definitions:

French Menace

Historically, this term has referred to the threat perceived or real posed by France to other nations, particularly during periods of conflict such as the Napoleonic Wars.

Whiskey Rebellion

A tax protest in the United States beginning in 1791, during the presidency of George Washington, primarily against the imposition of a tax on distilled spirits.

Democratic Societies

Democratic Societies are organizations or communities that operate on the principles of democracy, emphasizing equality, and the participation of members in decision-making processes.

Society of the Cincinnati

An exclusive hereditary society formed in 1783 by officers of the Continental Army and their French counterparts who served in the American Revolutionary War to promote fellowship and honor their service.