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Aubrey Is a Manager Who Wants to Be Well Informed

question 112

Multiple Choice

Aubrey is a manager who wants to be well informed. Like many managers, however, she is often overwhelmed by information overload. Which of the following would probably be the most useful first step for her to take in order to deal with this problem?

Gain insight into the structure and benefits of different business ownership types, including sole proprietorships, partnerships, and corporations.
Understand the significance of franchises in the business world and the relationship between franchisors and franchisees.
Realize the importance of a business plan's elements in securing financing.
Acknowledge the advantages and disadvantages of home-based businesses.

Definitions:

Good Samaritan Act

Protects individuals who decide to provide help and serve those who are injured.

HIPAA Privacy Rule

A regulation established to safeguard individuals' medical records and other personal health information.

Medical Record

A comprehensive document containing a patient's medical history, treatment plans, diagnoses, medications, and other health information.

OSHA

The Occupational Safety and Health Administration, a US government agency responsible for ensuring safe and healthy working conditions.

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