Small-Business Owners Want to Determine Whether Their Companies Meet the Standards

question 96

Multiple Choice

Small-business owners want to determine whether their companies meet the standards for small-business designation because:

• A)they do not have to pay taxes on their profits.
• B)government agencies offer benefits designed to help small businesses compete with larger firms.
• C)incorporation is easier for them.
• D)banks are more likely to grant them loans.

Recognize the role of self-awareness and self-regulation in listening.

Understand and apply analytical and critical listening in varying situations for effective communication.

Understand the concept of environmental cues in association with rewards.

Comprehend the factors motivating escape behavior and the approach towards reward.

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Definitions:

Debt Holders

Individuals or entities that have invested by lending money to another party, expecting repayment plus interest.

Shareholders

Individuals or entities that own one or more shares of stock in a corporation, making them partial owners of the company.

Receivables Turnover

A financial metric indicating how often a company collects its average accounts receivable within a certain period, measuring the efficiency of credit sales collection.

Profit Margins

A financial metric used to evaluate a company's financial health by revealing the percentage of revenue that exceeds the costs of goods sold.