Question

Chandra has been working at a dry cleaner for about a year. She notices that much of the store’srevenue comes from alterations to women’s clothing and is wondering if there is enough revenue thereto develop a business based on that. What should her next step be?
(1 point)
Enroll in school and get a business degree.
Start a business since she has some experience already.
Let her employer know she wants to start a rival business.
Do research on what a business would cost to start and run.
A)
Chandra has been working at a dry cleaner for about a year. She notices that much of the store’srevenue comes from alterations to women’s clothing and is wondering if there is enough revenue thereto develop a business based on that. How could a specialist in business development help herdetermine if this will work?
(1 point)
By letting her gain experience is sewing.
By creating a marketing plan for a potential business.
By educating her about how similar businesses develop.
By helping her find some silent partners or angel investors.

Why is projected growth an important factor to consider when choosing a career?
(1 point)
It is an estimate, so it should not be taken too seriously.
It determines how much the average career in that field pays.
It indicates whether jobs in a field are likely increase or decrease.
It will tell whether or not a college education is a good investment for that career.
A)
Some careers, like postal worker and department store employee, are expected to decline in the nextdecade. Which best explains why the outlook for business careers is so different?
(1 point)
Business careers will decline as well, but not to the same extent.
Virtually all companies will need to depend on some business skills.
Professions that are in decline have no connection to business careers.
Service companies will need business skills more than those with products.

The median wage for a business career is $67,710 annually. What does this mean?
(1 point)
It is average salary of those who work in business.
Everyone that goes into business is guaranteed to make that amount.
This is the salary that those who work in business will start out making.
Half of those who work in business make less than this amount and half more.

Answer 1

1) Do research on what a business would cost to start and run.

2) By creating a marketing plan for a potential business.

3) It indicates whether jobs in a field are likely to increase or decrease.

4) Virtually all companies will need to depend on some business skills.

5) Half of those who work in business make less than this amount and half more.