Which of the following best describes a commercial acre:
a. An acre or portion thereof, after deductions have been made for parking and thoroughfares.
b. an acre is a commercially-zoned district.
c. The area left in a subdivision after sales of individual parcels.
d. The buildable portion of an acre after deductions for streets, curbs, and sidewalks.
Answer: d. The buildable portion of an acre after deductions for streets, curbs, and sidewalks.
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The SBA-recommended format for the business plan has this as the first section:
A) executive summary B) mission statement C) industry analysis D) marketing strategy
The top management of the company contends that Hafstrom would benefit most from manufacturing its own parts, rather than sourcing it from elsewhere, even if they are made at another location overseas
Which of the following is being recommended in this approach? A) just-in-time manufacturing B) location economies C) vertical integration D) outsourcing