Gmetrix exam 2, entrepreneur Exam Questions and Answers (Solved Papers) What defines a small business? - Correct Answers ✅Fewer than 1,500 employees and 35.5 dollars in revenue
Physical vs digital business - Correct Answers ✅P: Bakery
in community
P: hair salon that makes online appointments
D: Online store that dropships orders
D: Book store on amazon that sells eBooks
You need to create a legal structure for your business and have plans to grow and in the future have plans to sell shares. What legal structure should you set up for your business. - Correct Answers ✅C- Corporation. Best if you want to sell shares.CEO (Chief Executive Officer) - Correct Answers ✅a chief executive officer, the highest-ranking person in a company or other institution, ultimately responsible for making managerial decisions. Reports to the board of directors.CFO (Chief Financial Officer) - Correct Answers ✅Creates budgets, analyzes financial data, and forecasts company profits.CIO (Chief Information Officer) - Correct Answers ✅Develops policies and structures to protect company data.
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