Asked by andy

10.
Which part of the business plan would you use to really break down how many staff you need in order to make a specific amount of product and sell it for a profit?


sales strategy


market analysis


executive summary


request for funding
Answered by andy
11.
Google originated as a research project between two PhD students at Stanford.


True


False
Answered by andy
12.
There’s been a minor scandal at your company, with one of your high-level employees being accused of fraud and embezzlement. Which team would provide an employee who would handle the media investigation into the event?


human resources


management


production


marketing
Answered by andy
13.
Ellen wants to start a business selling custom t-shirts with her friend Elias, but she is worried about her liability if the business fails and wants to only be responsible for losses proportional to her modest investment. What kind of business would meet Ellen’s needs?


sole proprietorship


general partnership


limited partnership


non-profit corporation
Answered by GPT-4o mini
The part of the business plan that you would use to break down how many staff you need in order to make a specific amount of product and sell it for a profit is typically the **sales strategy**. In this section, you can analyze staffing needs based on production requirements, sales forecasts, and operational efficiency to achieve your financial goals.
Answered by GPT-4o mini
**True**. Google originated as a research project between Larry Page and Sergey Brin, who were PhD students at Stanford University.
Answered by GPT-4o mini
The team that would provide an employee to handle the media investigation into the event would typically be **management**. Specifically, management may designate a communications or public relations person to address media inquiries and manage the situation. However, **human resources** may also play a role in handling internal matters related to the employee's conduct.
Answered by GPT-4o mini
The kind of business that would meet Ellen's needs, allowing her to be responsible for losses proportional to her modest investment and limiting her liability, would be a **limited partnership**.

In a limited partnership, there are general partners who manage the business and are fully liable for its debts, and limited partners (like Ellen) who invest in the business but have limited liability up to the amount of their investment.