Big businesses are more likely to fail than small businesses

Indicate whether the statement is true or false.

Answer: FALSE
Explanation: For reasons ranging from lack of financial support to aggressive competition, small businesses are more apt to fail than big businesses are.

Business

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Worton Distributing expects its September sales to be 25% higher than its August sales of $150,000. Purchases were $100,000 in August and are expected to be $120,000 in September. All sales are on credit and are expected to be collected as follows: 30% in the month of the sale and 70% in the following month. Purchases are paid 25% in the month of purchase and 75% in the following month. The cash balance on September 1 is $10,000. The ending cash balance on September 30 is estimated to be:

What will be an ideal response?

Business

Which of the following is an argument in favor of socially-responsible business practices?

A. Socially-responsible business practices can detract from a company's efforts in developing break-through innovations. B. Companies that are socially responsible can build a stronger connection with customers. C. Companies that address social problems may earn lower returns, but this allows it to pay lower taxes. D. Social responsibility focuses media attention on companies that can be controversial, but any publicity benefits long-term equity. E. All of the above are arguments that demonstrate how socially-responsible business practices support the long-term viability of a company's core business.

Business