To start any business you must first have

A firm is considering adding a second secretary to answer phone calls and make appointments. The cost of the secretary will be $10/hour and she will work 200 hours each month

If each new client adds $400 of profit to the firm, how many clients must the secretary arrange for the firm to break even?

The term "window of opportunity," as discussed in Chapter 2, is a metaphor that describes the time period in which a firm can ________

A) obtain funding or financing B) hire new employees C) complete a financial analysis D) realistically enter a new market E) write a business plan