General comp 1 Flashcards
HST rate is?
13%
In Canada before a health care profession can be exempt from HST it must be regulated in….provinces?
5
One of the main motivators to start your business “survival reaction”?
Unemployed & no other option
Once registered to access EI benefits you need to wait ….months?
12
Only about …of new businesses make it through the first year?
50%
Shortcut to estimate actual cost /hour of employee is multiply by ?
1.2
The employers portion of the EI is calculated at?
1.4 x employer’s premiums
as an employee you must submit/pay employee payroll deduction the CRA by?
15th of following month
Shortcut to calculate cost of space?
Multiply $/square foot x 2
Executive summary is?
presented first/written last
sourcing info from industry publications is?
secondary research
Item is $10. How much after HST?
11.30
Marketing “to satisfy needs of customer, better than competition while”?
Making a profit
Strategy of appealing to consumer with ONE offering is?
mass marketing
four points of pricing?
Cost-plus,
break-even,
perceived value
competitive pricing/going rate