Foundations of Business (MindTap Course List)
6th Edition
ISBN: 9781337386920
Author: William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher: Cengage Learning
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Chapter 5.1B, Problem 1CC
Summary Introduction
To determine: The information required to determine whether a specific business is small based on SBA guidelines.
Introduction: A small business administration is an autonomous organization of Country U's government that secures the interests of independent or small business ventures and guarantees that they get a decent amount of government contracts.
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How does the SaaS business model work? Could you just clarify yourself?
What is a good definition of business ?
Pick a business that you know of (can be a small business in your neighborhood or a large corporation that makes a product you bought in the past), do a little research about it, and answer the following:
Describe the goods or services the business sells and where it does business.
What kind of model is this company using? (remember, a company could use more than one model; use the models described in the introduction above).
What type of business is this (sole proprietorship, partnership, or corporation)?
How did you find out? Describe how you researched information about this company.
Chapter 5 Solutions
Foundations of Business (MindTap Course List)
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