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1. For the Fleen Pfram company above you expect sales to be $1,200,000 next year and breakeven sales to be $1,000,000. The sales mix and contribution margins are expected to remain the same. Your estimate of Net Profit for next year is closest to;
a. $70,000
b. $170,000
c. $200,000
d. None of the above
2. A(n) ____________ is a person who assumes the risk of starting a business.
manager
private investor
stakeholder
entrepreneur
3. There are many different stakeholders found in an organization. Stakeholders drive business strategies, and depending on the stakeholder's perspective, the business strategy can change. Which of the following is a main concern for employees? A. reliable contracts B. fair compensation C. Professional associations D.Exceptional customer service.
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