Lois Kent Has Owned and Managed the Operations of a Small

question 151

Essay

Lois Kent has owned and managed the operations of a small chain of sporting goods stores for the past two years.She has asked her administrative assistant to provide her with some annual reports of other companies that sell sporting goods as well as some published reports showing norms for the sporting goods industry so that Lois can compare the financial ratios of her company with those of other companies that sell sporting goods.Discuss the limitations of using comparisons with other companies and industry norms,which Lois needs to remember.

---

Definitions:

Proofreading

The process of reading text carefully to find and correct typographical errors and mistakes in grammar, style, and spelling.

Reproductive Rights

These are the legal rights and freedoms relating to reproduction and reproductive health.

Democratic Government

A form of government in which power is vested in the hands of the people, who can vote to elect their leaders and influence legislation.

Election Day

A designated day when citizens vote to elect officials to public office or decide on other political or legislative questions.