Podcast
Questions and Answers
Which type of business entity requires a legal instrument to create it as a commercial corporation?
Which type of business entity requires a legal instrument to create it as a commercial corporation?
- Joint Venture
- Sole Proprietorship
- Corporation (correct)
- Partnership
Which type of business relationship between architectural practices does not have the inherent duties and responsibilities of a partnership?
Which type of business relationship between architectural practices does not have the inherent duties and responsibilities of a partnership?
- Sole Proprietorship
- Corporation
- Joint Venture (correct)
- Partnership
Which type of business relationship between architects allows them to carry on business in common?
Which type of business relationship between architects allows them to carry on business in common?
- Joint Venture
- Sole Proprietorship
- Partnership (correct)
- Corporation
Which of the following is a key resource required for strategic planning?
Which of the following is a key resource required for strategic planning?
Which of the following is a common tool used in strategic planning?
Which of the following is a common tool used in strategic planning?
What is the most common type of ownership for architectural practices in Canada?
What is the most common type of ownership for architectural practices in Canada?
What should architects do before structuring a practice?
What should architects do before structuring a practice?
Which document describes the operational systems that a firm will put into place to deliver products and services?
Which document describes the operational systems that a firm will put into place to deliver products and services?
What does the business plan provide answers to?
What does the business plan provide answers to?
What is the purpose of a strategic plan?
What is the purpose of a strategic plan?
What is a common analysis conducted as part of strategic planning?
What is a common analysis conducted as part of strategic planning?
Which of the following best describes a business model?
Which of the following best describes a business model?
What is the purpose of a business plan?
What is the purpose of a business plan?
What is the relationship between a business model and a business plan?
What is the relationship between a business model and a business plan?
What is the value of using building information modeling (BIM) in architectural practice?
What is the value of using building information modeling (BIM) in architectural practice?
Which department is responsible for directing the work related to the design of the project?
Which department is responsible for directing the work related to the design of the project?
Which professional service is important for an architect to establish a relationship with?
Which professional service is important for an architect to establish a relationship with?
Which type of insurance is a specialized type of insurance provided by a limited number of insurance underwriters?
Which type of insurance is a specialized type of insurance provided by a limited number of insurance underwriters?
What should all architects plan for and seek the advice of a financial investment professional for?
What should all architects plan for and seek the advice of a financial investment professional for?
Which type of business entity is structured to preserve the individual identity of two or more corporations?
Which type of business entity is structured to preserve the individual identity of two or more corporations?
What is the purpose of a joint venture in the architectural field?
What is the purpose of a joint venture in the architectural field?
What is a multi-disciplinary firm in the architectural field?
What is a multi-disciplinary firm in the architectural field?
What is the structure of an architectural practice dependent on?
What is the structure of an architectural practice dependent on?
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