What are the exit strategies available to entrepreneurs when it is time to step down?

A) Close the business
B) File for Chapter 7
C) Sell to outsiders
D) Force a family member to take over

Answer: C

Business

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When an employee is unwilling and unable to do a task independently, which style should be used?

a. telling b. persuading c. participating d. delegating

Business

Last week, Seward Company stock was selling at $66 a share when Ryan sold 300 shares of the stock short. Today Ryan bought 300 shares of the same stock at a price of $70.00 share to cover his position

Ignoring trading costs, what is the dollar return on Ryan's investment? A) $1,200 B) -$400 C) $400 D) $-1,200

Business