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ETH Lesson 4

ETH Lesson 4
11問 • 2年前
  • JXBLITHE _07
    • 通報

    問題一覧

  • 1

    What are the two kinds of small business?

    Bigger small business, very small business

  • 2

    The owner is the primary worker, and he employs one or more assistants.

    Very small business

  • 3

    The owner mainly directs the work of the employees.

    Bigger small business

  • 4

    (3) Characteristics of small business

    1. It is privately owned. 2. It has few or no layers of management. 3. Generally it has insufficient resources to dominate its field of business.

  • 5

    What does R.A. 6977 means?

    Definition about small business according to Magna carta of small enterprises

  • 6

    Any business activity or enterprise engaged in industry, agribusiness and/or services, whether single proprietorship, cooperative, partnership or corporation whose total assets, inclusive of those arising from loans but exclusive of the land on which the particular business entity’s office, plant and equipments are situated, must have value falling on the following categories: Micro(?) Cottage (?) Small(?) Medium(?)

    Micro - less than 50,000 to 50,000 Cottage - 50,001 to 500,000 Small - 500,001 to 5,000,000 Medium - 5,000,001 to 20,000,000

  • 7

    Features of small business

    1. A small business in low in capital but high in labor intensity. 2. A small business is efficient in specialized skill or service. 3. A small business succeeds in small, isolated or overlooked markets. 4. A small business often operates in unstable market. 5. A small business in closer to the market place. 6. Generally, the owners of small businesses are also the managers. 7. Capital comes from the owner or small group. 8. The area of operation is small. 9. The size of the enterprise is small in relation to the industry.

  • 8

    (5) Advantages of small business

    1. Personalized relationship with customers and employees. 2. Flexibility in management. 3. Government incentives. 4. Simple record keeping. 5. Independence.

  • 9

    (4) Disadvantages of small business

    1. Difficulty of raising capital. 2. Risk of failure. 3. Limited management skills. 4. Lack of opportunities for employees

  • 10

    Why Small Business FaiL? (7)

    Lack of experience Lack of money Wrong location Mismanagement of inventory Poor credit practices Poorly planned expansion Unsound or too little analysis in choosing the business

  • 11

    Economic Contributions of Small Business

    1. They introduce innovation 2. They create employment 3. The provide competition 4. The fill needs of society and big businesses

    • ETH MIDTERM

    ETH MIDTERM

    JXBLITHE _07 · 38問 · 2年前

    ETH MIDTERM

    ETH MIDTERM

    38問 • 2年前
    JXBLITHE _07

    ETH MIDTERM (Lesson 2)

    ETH MIDTERM (Lesson 2)

    JXBLITHE _07 · 37問 · 2年前

    ETH MIDTERM (Lesson 2)

    ETH MIDTERM (Lesson 2)

    37問 • 2年前
    JXBLITHE _07

    ETH Lesson 3

    ETH Lesson 3

    JXBLITHE _07 · 25問 · 2年前

    ETH Lesson 3

    ETH Lesson 3

    25問 • 2年前
    JXBLITHE _07

    Lesson 6 - Developing Marketing Mix

    Lesson 6 - Developing Marketing Mix

    JXBLITHE _07 · 54問 · 2年前

    Lesson 6 - Developing Marketing Mix

    Lesson 6 - Developing Marketing Mix

    54問 • 2年前
    JXBLITHE _07

    Lesson 7 - Organizing and managing an enterprise

    Lesson 7 - Organizing and managing an enterprise

    JXBLITHE _07 · 28問 · 2年前

    Lesson 7 - Organizing and managing an enterprise

    Lesson 7 - Organizing and managing an enterprise

    28問 • 2年前
    JXBLITHE _07

    問題一覧

  • 1

    What are the two kinds of small business?

    Bigger small business, very small business

  • 2

    The owner is the primary worker, and he employs one or more assistants.

    Very small business

  • 3

    The owner mainly directs the work of the employees.

    Bigger small business

  • 4

    (3) Characteristics of small business

    1. It is privately owned. 2. It has few or no layers of management. 3. Generally it has insufficient resources to dominate its field of business.

  • 5

    What does R.A. 6977 means?

    Definition about small business according to Magna carta of small enterprises

  • 6

    Any business activity or enterprise engaged in industry, agribusiness and/or services, whether single proprietorship, cooperative, partnership or corporation whose total assets, inclusive of those arising from loans but exclusive of the land on which the particular business entity’s office, plant and equipments are situated, must have value falling on the following categories: Micro(?) Cottage (?) Small(?) Medium(?)

    Micro - less than 50,000 to 50,000 Cottage - 50,001 to 500,000 Small - 500,001 to 5,000,000 Medium - 5,000,001 to 20,000,000

  • 7

    Features of small business

    1. A small business in low in capital but high in labor intensity. 2. A small business is efficient in specialized skill or service. 3. A small business succeeds in small, isolated or overlooked markets. 4. A small business often operates in unstable market. 5. A small business in closer to the market place. 6. Generally, the owners of small businesses are also the managers. 7. Capital comes from the owner or small group. 8. The area of operation is small. 9. The size of the enterprise is small in relation to the industry.

  • 8

    (5) Advantages of small business

    1. Personalized relationship with customers and employees. 2. Flexibility in management. 3. Government incentives. 4. Simple record keeping. 5. Independence.

  • 9

    (4) Disadvantages of small business

    1. Difficulty of raising capital. 2. Risk of failure. 3. Limited management skills. 4. Lack of opportunities for employees

  • 10

    Why Small Business FaiL? (7)

    Lack of experience Lack of money Wrong location Mismanagement of inventory Poor credit practices Poorly planned expansion Unsound or too little analysis in choosing the business

  • 11

    Economic Contributions of Small Business

    1. They introduce innovation 2. They create employment 3. The provide competition 4. The fill needs of society and big businesses