Domestically,all of the Following Statements About Businesses in the U

question 96

Multiple Choice

Domestically,all of the following statements about businesses in the U.S.are false except ____.​

• A)​increases in minority co-cultures have impacted both workplace and marketplace
• B)​minority owned businesses grew by about 45% between 2002-2007
• C)​more than 2.3 million businesses in the U.S.owned by Hispanics
• D)​most business transactions involve a culturally homogeneous population

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Definitions:

Financial Budgets

Detailed plans that outline an organization's expected revenues, expenses, and capital expenditures over a particular period.

Sales Forecast

An estimate of future sales volumes and revenues, typically based on historical sales data, market analysis, and anticipated market changes.

Production Budget

An estimation of the total amount of production a company needs to meet its anticipated sales demand.

Finished Goods

Products that have completed the manufacturing process but have not yet been sold or distributed to customers.