Michael, a Small Business Owner of a Web-Development Business, Wishes

question 104

Multiple Choice

Michael, a small business owner of a web-development business, wishes to persuade a highly qualified applicant to consider a position with his business, even though the applicant has also had offers from large businesses.What should Michael emphasise to the applicant?

• A)Family atmosphere with only three employees.
• B)Long history of the business with no take overs.
• C)More freedom to structure job responsibilities.
• D)Retirement programme and other benefits.

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Definitions:

Depository Institutions

Commercial banks and thrift institutions; financial institutions that accept deposits from the public

Customer Deposits

Funds placed by customers with a company, often in the context of financial services, which may be used for further transactions or withdrawn later.

Maximize Profits

The objective of optimizing the difference between total revenues and total costs to achieve the highest possible financial gain.

Board of Governors

A leading body of a central banking system, such as the Federal Reserve in the United States, responsible for overseeing the bank's policies and operations.