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11 Cards in this Set
- Front
- Back
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SBA?
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small business association
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What size are most businesses in MT?
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small
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What advantage do most businesses in montana NOT have?
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economic scale
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What is the business strategy that divides called?
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market segmentation
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Why do most businesses fail?
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management inadequacies
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Where does capital come from?
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loans, credit cards, personal, friends, family, etc.
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Which legal structure does NOT have flow
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c-corp
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Which legal structure can eventually make it to the NYC stock market?
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c-corp
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Which has no formal papers?
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general partnership
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Which require an EIN?
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all except for sole proprietorship
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What was the focus during the production era?
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assembly lines, low unit cost, no marketing
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