As Your Good Friend Ponders Putting Some Structure to His/her

question 11

Multiple Choice

As your good friend ponders putting some structure to his/her graphic design business idea, which of the following do you not advise him/her to do?

• A) Prepare the nonchangeable marketing plan for the next three years, including marketing analysis and marketing strategy.
• B) List the work that needs to be done such as (1) computer-assisted design; (2) sales generation; (3) accounting and bookkeeping; (4) purchasing and supply ordering; and so on.
• C) List who will do the various jobs, including who will perform the computer work, who will keep the books, and who will go out and create sales.
• D) Assign responsibility and authority to certain employees.

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Definitions:

Additional Revenues

Income received by a business or organization that is supplementary to its primary revenue sources, often from non-core business activities.

Retirement Savings Contributions Credit

A tax credit available to lower-income individuals making contributions to retirement accounts, encouraging savings.

Income Level

A measure of an individual or household's gross income before taxes and deductions.

Credit

A direct reduction of the tax owed to the government, distinct from deductions, which reduce the amount of income subject to tax.