Bus fp1001 Study guides, Class notes & Summaries

Lindsey decided to open a franchise fitness center instead of starting her own business from scratch. Which of the following is an advantage to Lindsey purchasing the franchise? • Lindsey can select the suppliers for purchasing the workout equipment. • Lindsey can get help with marketing and advertising the new business. • Lindsey can determine what fitness options she will provide her customers. • Lindsey can create the logo and company slogan for the fitness center. 2 Which o...

Stan was recently hired by a large corporation as a financial manager. Which of the following is NOT considered to be one of his primary responsibilities? • Stan analyzed returns for long-term investments. • Stan forecasted hiring needs due to turnover. • Stan obtained funding to make needed investments. • Stan assisted in the risk evaluation process. 2 Which of the following is the basis for financial management? • Determine the current and future needs of a business • Fund po...