________ Are the Broad, Long-Range Attributes the Small Business Seeks

question 14

Multiple Choice

________ are the broad, long-range attributes the small business seeks to accomplish; ________ are the more specific targets for performance.

• A)Goals; objectives
• B)Goals; strategies
• C)Objectives; goals
• D)Strategies; goals

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Definitions:

Express Warranty

A written or verbal promise made by a seller to a buyer, guaranteeing the quality or functionality of a product or service.

Merchantability

A guarantee that a product will meet reasonable expectations of quality and usability for which it was sold.

Nonconforming Goods

Goods shipped that do not meet the specifications or requirements set out in the contract of sale.

Reasonable Notice

The notification given within a reasonable time frame to allow individuals or parties to prepare or respond to changes or actions.