Business Questions
Explore questions in the Business category that you can ask Spark.E!
A photographer wants to turn her hobby into a business. She is researching the business options available. When 100 potential customers were surveyed, they provided the following responses:Which opportunity for starting a photography business would have the highest probability?
Which characteristic would be beneficial to an entrepreneur?
A DJ notices the number of customers attending her Saturday night dances is decreasing. What should the DJ do to create more loyal repeat customers?
A fitness trainer provides her services to clients as a sole proprietorship. What are the tax implications for this structure?
A consultant wants to use a form of personal communication to market his services to businesses during a conference. Which form of communication should be used?
A real estate broker employs 10 real estate agents. The broker provides offices, administrative support, and marketing for her agents. Which of the following should outsourced?
A pizza maker has come up with a new takeout restaurant concept that sells only large gourmet pizzas. Match the correct figure to the appropriate location in the break-even formula.
An entrepreneur discovers that residents in a small rural area travel an average of 10 miles to shop at the nearest grocery store. The entrepreneur finds an old two story ranch house for sale located on a busy road in the center of the rural area. What will the entrepreneur need to obtain before proceeding?
A fitness trainer in a neighborhood is trying to add new consumers who have recently moved into the neighborhood. What is effective for attracting new customers?
A mobile lunch truck is introducing a new seasonal salad. Which group of people would be the most likely to purchase this new salad?
An auto mechanic opens a business in a community that has a history of auto repair shops delivering poor quality workmanship. How can the new auto mechanic regain the trust of local customers?
The owner of a landscaping business is developing a cash flow budget for the coming month. If the beginning cash balance is $1,500, what will be the ending cash balance?
A non-profit organization wants to hire a Director. The organization has been operating for only a year and is growing fast. The newly created Director position will responsible for all aspects of operating the entire organization, so the founders want to hire a candidate with at least 10 years experience. Which factor could prevent the hire?
An independent gas station sits besides a busy highway. Half of its customers are travelers passing through the area. Why would the gas station charge more for purchases made with a credit card?
A beekeeper is analyzing the cash flow for his business for the prior year. What was the ending inventory value?
A chef is interested in opening a restaurant in a nearby town. He wants to learn more about possible competitors. Where should the chef go to obtain a list of restaurants in the nearby town?
An entrepreneur invents a new kind of ice cream scoop that is heated in a microwave oven to make scooping ice cream easier. What should the entrepreneur do to protect the invention?
The owner of a new automobile sales lot is applying for two loans at the bank. Why would the bank be more inclined to approve the first loan but not the second?
The owner of Quality Electrical is analyzing financial parts of the Income statement including Net Sales, Total Cost of Goods Sold, Gross Profit, Total expenses, Pre-Tax Profit and Net Profit. Match each figure to the correct calculation in the income statement worksheet
An electrician has fixed costs of $1,500 per month. The only variable costs are needed for labor and supplies. How many repairs are needed to break-even for the year?