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The Business Owner plays a strategic role and is not engaged in the day-to-day activities of managing the service. Rather, they focus on the big picture. They define the vision and roadmap. They have the knowledge and authority to make strategic decisions and clear the path of political and financialfinancial

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Related Questions

Why is owners equity regarded as a liability to the business?

Owners equity is the amount invested by the owner of business to the company and as a seperate entity it is the liability of the business to return back that amount to owners as owners are seperate entity to business.


Is owners equity equal to the business liabilities less the business assets?

No. Owners Equity is equal to Business Assets less Business Liabilities.


What happens when the owner invests cash in a business?

When owner invests more cash in business it increases the owners capital in business and business becomes more liable towards it's owners.


How does the health care bill effect small business owners?

small business owners can now get healthcare.


What groups most likely opposed the goals of free silver movement?

business owners


Why did southern criticize northern business owners?

White people in the south were very critical of northern business owners. Their main criticism of the northern business owners was the poor way that they treated their workers.


What role did business owners play in the annexation of Hawaii?

American business owners revolted against Liliuokalani's policy.


What was most often the role of the government in disputes between workers and business owners?

It supported business owners. -apex


When was National Association of Women Business Owners created?

National Association of Women Business Owners was created in 1975.


What was the most often the role of government in disputes between workers and business owners?

It supported business owners. -apex


Do owners withdrawals decrease owners equity?

Yes owners withdrawals results in reduction of owners capital from business.


Which of these favored a laissez policy because it allowed them to do as they please?

Generally, business owners were in favor of laissez-faire systems because the business owners would be free of any and all regulations.