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The Average Class Size This Semester in the Business School

question 149

Multiple Choice

The average class size this semester in the business school of a particular university is 38.1 students with a standard deviation of 12.9 students. The z-score for a class with 21 students is ________.

Recognize the role and types of financing available to small businesses.
Comprehend how small businesses impact the U.S. economy.
Identify reasons for business failures and successes.
Gain insight into the structure and benefits of different business ownership types, including sole proprietorships, partnerships, and corporations.

Definitions:

Full Capacity

The maximum level of output that a company can sustain within a given period, utilizing all available resources efficiently.

Fixed Assets

Long-term tangible assets, such as buildings and machinery, used in the operations of a business that are not expected to be converted into cash within a year.

Unused Capacity

The existing but not currently utilized production or operational capacity within a business.

External Financing

Funds a company obtains from outside sources, like bank loans or selling shares, to finance its operations.

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