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A cooperative is a type of business that is governed by ________ who use its products or services.

Which of the following statements is TRUE about the components of a business plan?

When the value of a country’s imports exceeds the value of its exports, the country is said to have a trade deficit.

In which section of a business plan would you find information on what another company charges for a similar product?

The assigning of certain tasks, such as production or accounting, to an outside company or organization is called outsourcing.

Informal communication is more unofficial than formal communication within organizations. People gossip. Employees complain about their boss. People talk about their favorite sports teams. Work teams tell newcomers how to get by. The grapevine is the social network which is problematic within organizations and must be ‘nipped in the bud’ under all circumstances.

Once a business has been operating for more than a year, it makes little sense to write a business plan if one has not been previously written.

Which of the following is a separate entity from its owners, and has legal rights like an individual?

A parent asks the nurse how to handle negativism in toddlers. What is the nurse’s most appropriate recommendation?

A nurse is planning care for an adolescent who has scoliosis and is scheduled for surgical correction next month. It would be most appropriate for the nurse to assess the client for which concern?