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business
foundations of business
Questions and Answers of
Foundations of Business
As a small business, which of the financial ratios might Finagle A Bagel want to track especially closely? Why?Regina Jerome is Finagle A Bagel’s director of information systems. She and her
Finagle A Bagel tracks cash, sales revenue, and expenses on a daily basis. How does this type of accounting system encourage effective decision making and discourage storelevel theft?Regina Jerome is
Prepare a breakeven analysis. How many units of your products or service will have to be sold to cover your costs?
Reinforce your final projections by comparing them with industry averages for your chosen industry.
What will happen if trained workers are not available as predicted?
What will you do if there is an unfavorable industrywide trend?
What will you do if your competitors underprice or make your product obsolete?
What will you do if your market does not develop as quickly as you predicted? What if your market develops too quickly?
How will investors get their money back?
Do you intend to grow the business to the point of an IPO?
Will your children take over the business, or do you intend to sell it later?
How do you intend to get yourself (and your money) out of the business?
Prepare a report on your findings.Financial managers are responsible for determining the best way to raise funds, for ensuring that the funds are used to accomplish their firm’s goals and
Find answers to the following questions:a. What skills do financial managers need?b. How much education is required?c. What is the starting salary? Top salary?d. What will the job of financial
What are the primary sources of funds that Pizzeria Uno uses to run its business, and how does it use these funds?Profit margins in the restaurant business average three to five cents of every dollar
The primary sources of funds available to a business include all of the following excepta. debt capital.b. equity capital.c. sales revenue.d. government grants.e. sale of assets.
Each of the following causes a cash flow problem excepta. embezzlement of company funds.b. an unexpected slow selling season.c. a large number of credit sales.d. slow-paying customers.e. customers
A short-term promissory note issued by large corporations is known asa. debenture agreement.b. equity agreement.c. commercial paper.d. draft agreement.e. loan commitment.
The most basic form of corporate ownership that has voting rights isa. preferred stock.b. common stock.c. retained stock.d. deferred value stock.e. treasury stock.
Since prices are extremely low, the Pipeline Supply Company wants to purchase a special line of pipes from a company going out of business. Pipeline, however, will need to borrow money to make this
Retained earnings, as a form of equity financing, area. gross earnings.b. profits before taxes.c. profits after taxes.d. undistributed profits.e. total owners’ equity.
When a firm sells its accounts receivable to raise short-term cash, it is engaging in a strategy calleda. factoring.b. financial planning.c. equity financing.d. debt financing.e. drafting.
How does Uno monitor and evaluate the financial performance of its restaurants?Profit margins in the restaurant business average three to five cents of every dollar of revenue. When you’re managing
Pizzeria Uno typically buys the land on which it builds new restaurants because it allows the company “to control its own destiny and future.” What are some possible disadvantages to this
Investigate the job of financial manager by searching the library or Internet and/or by interviewing a financial manager.Financial managers are responsible for determining the best way to raise
Summarize what you learned from participating in this exercise.Suppose that for the past three years you have been repairing lawn mowers in your garage. Your business has grown steadily, and
Discuss how you can overcome any problems that might hamper your current chances of getting a loan and how your business can improve its chances of securing shortterm loans in the future.Suppose that
Have a classmate write the ideas on the board.Suppose that for the past three years you have been repairing lawn mowers in your garage. Your business has grown steadily, and recently, you hired two
With all class members participating, use brainstorming to identify the following:a. The funds you will need to accomplish your business goalsb. The sources of short-term financing available to youc.
What advice would you give to a start-up venture after reading these stories?Finding capital for new business start-ups is never an easy task. Besides a good business plan, those seeking investor
What are the shared similarities?Finding capital for new business start-ups is never an easy task. Besides a good business plan, those seeking investor funds must be convincing and clear about how
Examine articles that profile at least three successes or failures in the following publications and highlight the main points that led to either result.Business 2.0 (www.business2.com)Red Herring
What will you do if there is an erratic supply of products or raw materials?
Company information. What product or service do you provide?What is your competitive advantage? When will the company be formed? What are your company objectives?What is the background of you and
The major terpenoid in clove oil:a) Eugenolb) Santalolc) Anethold) Menthol
Shatavari is under the chemical class of glycoside:a) Sterolb) Saponinc) Cyanogenticd) Isothiocyanate
Drug under the class of isothiocyanate glycosides:a) Black mustardb) Senegac) Thevetiad) Aloe
Drug is not an example of phenol volatile oil:a) Cloveb) Anisec) Creosoted) Thyme
Which is not an example of ester volatile oil?a) Gaultheriab) Lavenderc) Musterd) Cinnamon
Example of alcohol volatile oil:a) Peppermintb) Cinnamonc) Lemon peeld) Orange peel
Molecular formula for isoprene unit is:a) C8 H8b) C3 H8c) C5 H8d) C6 H6
Terpenes made up of :a) Calciereneb) Pseudoprienec) Neoprened) Isoprene
Which drug is under the chemical class of cyanogentic glycoside?a) Bitter almondb) Black mustardc) Digitalisd) Rhubarb
Drug is not under the class of cardiac glycoside:a) Digitalisb) Thevetiac) Indian squilld) Bitter almond
The drug showing cardio tonic activity:a) Thevetiab) Cochinealc) Rhubarbd) Aloe
Peppermint oil contains important Terpenoids:a) Geraniolb) Anetholc) Menthold) Eugenol
Which is not an example of ester volatile oil?a) Gaultheriab) Lavenderc) Musterd) Cinnamon
The stationary phase used in gel permeation chromatography is :a) Aluminab) Charcoalc) Squalened) Styrene divinyl benzyl copolymer
In gel permeation chromatography molecules are separated on the basis of their :-a) Chemical natureb) Size and shapec) Adsorptive propertiesd) Partition coefficient
Crude fibre value of a drug is a measure of :a) Soft tissue matterb) Woody matterc) Mineral matterd) Organic matter
Which one of the following is not a type of bioassay method.a) Toxicb) Titrimetricc) Symptomaticd) Tissue
The spectral range of infra red spectroscopy is :a) 185-380nmb) 780-3000nmc) 380-780nmd) 3-40um
Which drug is used as diuretic?a) Quillaiab) Senegac) Ginsengd) Gokhru
Senna leaf if under the class of glycoside:a) Cardiacb) Cyanogenicc) Anthracened) Saponin
Senna mainly contains:a) O-glycosidesb) N-glycosidesc) C-glycosidesd) S-glycosides
______ is not used as cardiotonicsa) Digitalisb) Cinchonac) Squilld) Stropanthus
Select the drug, which is not belonging to glycoside class?a) Digitalisb) sennac) Nux vomicad) Cascara
The ring structure present in strychnine :a) Indoleb) Pyrrolec) Pyridined) Piperidine
Which drug is not under the chemical class of indole?a) Quinidineb) Quininec) Atropined) camptothecin
The example of pseudoalkaloid :a) Caffeineb) Hygrinec) Arecolined) Lobeline
True alkaloids are always present in plants as:a) Salts of inorganic acidb) Salts of organic acidc) Salts of me conic acidd) Salts of benzoic acid
Protoalkaloids are also called as :a) Amino alkaloidb) Pseudo alkaloidc) True alkaloidd) Extra alkaloid
Market opportunity. What is the expected size and growth rate of your market, your expected market share, and any relevant market trends?
Drugs is used as Antihypertensive:a) Rauwolfiab) Digitalisc) squilld) Stropanthus
9.____is used as adrenergic drug.a) Ephedrab) Physostigmac) Pilocarpusd) Belladonna
10.____is not used as CNS depressant.a) Hyoscyamineb) Belladonnac) Coffeed) Opium
Stas-otta process is used for extraction of:a) Glycosidesb) Alkaloidsc) Terpenoidsd) Resins
Glycosides are condensation products of:a) Sugar + aglyconeb) Sugar + Proteinc) Protein + aglyconed) Fats + aglycone
Nux vomica is not used as:a) CNS stimulantb) Bitter stomachicc) Tonicd) Expectorant
Which is not the use of argot?a) Oxytocinb) Prevent post partum hemorrhagec) Migrained) Laxative
Family of the Vinka :a) Rubiaceaeb) Solanaceaec) Apocyanaceaed) Erythroxylaceae
Deadly Nightshade is the synonym of the drug :a) Daturab) Belladonnac) Cinchonad) Coca
Drug is an example of amino alkaloid :a) Ephedrineb) Aconinec) Caffeined) Theophylline
Do you plan to interview employees when they resign?To ensure successful performance by employees, you must inform workers of their specific job requirements. Employees must know what is expected on
Have you developed a set of disciplinary rules?To ensure successful performance by employees, you must inform workers of their specific job requirements. Employees must know what is expected on the
Will you delegate any authority to employees?To ensure successful performance by employees, you must inform workers of their specific job requirements. Employees must know what is expected on the
Who will evaluate your employees?To ensure successful performance by employees, you must inform workers of their specific job requirements. Employees must know what is expected on the job, and they
What can you afford to pay in wages and salaries? Is this in line with the going rate in your region and industry?To ensure successful performance by employees, you must inform workers of their
Who will do the training?To ensure successful performance by employees, you must inform workers of their specific job requirements. Employees must know what is expected on the job, and they are
Have you made plans for the orientation process?To ensure successful performance by employees, you must inform workers of their specific job requirements. Employees must know what is expected on the
What criteria will you use in selecting employees?To ensure successful performance by employees, you must inform workers of their specific job requirements. Employees must know what is expected on
Have you prepared a job-application form? Do you know what can legally be included in it?To ensure successful performance by employees, you must inform workers of their specific job requirements.
Will you have written job descriptions for each position?To ensure successful performance by employees, you must inform workers of their specific job requirements. Employees must know what is
How many employees will you require, and what are their qualifications—including skills, experience, and knowledge? How many jobs will be full time? Part time?To ensure successful performance by
Would it be feasible for Finagle A Bagel to apply the concept of flextime to store employees? To senior managers at the headquarters facility? Explain.People are a vital ingredient in Finagle A
Which of Herzberg’s motivation factors are Trust and Litchman emphasizing for general managers?People are a vital ingredient in Finagle A Bagel’s recipe for success.In fact, careful attention to
Understand the meaning of marketing and the importance of management of customer relationships.
Trace the development of the marketing concept and understand how it is implemented.
Provide an example of each.
Explain the four kinds of utility.
Distinguish between a marketing information system and marketing research.
Understand the major components of a marketing plan.
Identify the four elements of the marketing mix and be aware of their importance in developing a marketing strategy.
Understand what markets are and how they are classified.
If you were the general manager of a downtown Finagle A Bagel store, what job description and job specification would you prepare for a cashier? Based on these, what kinds of questions would you ask
What stage of a team is usually slow to develop and occurs when the team begins to focus strongly on the assigned task and away from team-development issues?a. Normingb. Stormingc. Performingd.
Which of the following is a motivation technique that provides employees with more variety and responsibility in their jobs?a. Job rotationb. Job enrichmentc. Job redesignd. Job evolutione. Job
Expectancy theory is difficult to apply, but it does provide several useful guidelines for managers. One such outcome that managers must realize is thata. everyone expects the same things.b.
Developing an input-to-output ratio is the basis of the __________ theory.a. equityb. expectancyc. rewardd. reinforcemente. quality circle
Randi Wood wants to become the best manager in the firm. She takes every available opportunity to learn new skills and improve her knowledge about management. Which need is Randi attempting to
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