Based on research and information from this course, re-reading content or reviewing notes is NOT an effective way to study.

Debbie’s business is in the maturity phase. What is most likely true of her financials?

A Corporation is always the best business type for a business to pursue.

Which of the following is not a disadvantage of a Corporation?

What are the two main types of stock?

Is it important for someone who works in marketing to have a core understanding of other business functions, such as finance?

Reuben’s business is in the introduction phase. What is most likely true of his financials?

Which business type has taxation flexibility and can choose how it would like to be taxed?

Tom’s company is facing strong competition and the firm is working to increase efficiency to lower costs. What phase is his business most likely in?

To increase profit, a company should: