Classify each of the following occurrences as an incident or disaster. if an occurrence is a disaster, determine wether business continuity plans would be called into play. hacker gets into the network and deletes files from a server. a fire breaks out in the storeroom and sets off sprinklers on that floor. some computers are damaged, but the fire is contained. a tornado hits a local power company, and the company will be without power for three to five days. employees go on strike, and the company could be without critical workers for weeks a disgruntled employee takes a critical server home, sneaking it out after hours. for each of the scenarios, describe the steps necessary to restore operations. indicate whether law enforcement should be involved.

Saeed needs money to purchase tools, basic office supplies, parts to refurbish equipment, accounting software, and legal fees. believing saeed's business will be a success, an investor invests $5,000 to saeed open his business. in return, saeed agrees to repay the investor the $5,000 plus 17 percent of the profits of the business. calculate the return on investment for the investor if saeed's business makes $7,000 in profit as a total return of the business in its first year.

University hero is considering expanding operations beyond its healthy sandwiches. jim axelrod, vice president of marketing, would like to add a line of smoothies with a similar health emphasis. each smoothie would include two free health supplements such as vitamins, antioxidants, and protein. jim believes smoothie sales should fill the slow mid-afternoon period. adding the line of smoothies would require purchasing additional freezer space, machinery, and equipment. jim provides the following projections of net sales, net income, and average total assets in support of his proposal. sandwichesonly sandwiches and smoothies net sales $ 750,000 $ 1,350,000 net income 120,000 210,000 average total assets 350,000 750,000 return on assetschoose numerator ÷ choose denominator = return on assets÷ = return on assets÷ = profit margin÷ = profit margin÷ = asset turnover÷ = asset turnover÷ = times

Sole proprietorships produce more goods and services than does any other form of business organization.