Why would those reviewing a business plan want to know the life cycle of a product?

a. they would want to invest only in products with short life cycles.
b. to make sure that it was significantly different from the life cycle of similar products
c. a short life cycle for a product always means more customers for the business.
d. it set expectations about how often the customer will need the business.

Which of the following statements accurately describes how costs and benefits are calculated?

Select the statement that indicates tina's company is a partnership. tina jones is a dancer specializing in latin dance styles. she always wanted to have her own dance studio where she could teach dancing to young and old alike. in 2006, she opened her first dance studio, electric diva, in madison triangle. it was a great choice as a business location because it's well-connected by highways to most places in the city. she leased the space for three years. her initial investment included a good sound system, cheerful interior design, and strong flooring. to raise capital for the business, tina turned to her brother-in-law, philip. philip made half the financial investment. he manages the accounts and social media needs of the business. he has a 30% share in trisha's business. together, they expanded the business to three dance studios in the city and plan to open franchises in other cities.

For each example identify the most appropriate ctso