Question 1

The definition of business failure small businesses simply means of the firm is going bankrupt.

Accepted Answer

A) True 
 B)False

Question 2

Small businesses are not as innovative as large businesses.

Accepted Answer

A) True 
 B)False

Question 3

Moral or religious principles have the most influence on the ethics of a small business owner.

Accepted Answer

A) True 
 B)False

Question 4

What do we mean when we say that small businesses fail because of managerial inadequacy?

Accepted Answer

The term managerial inadequacy is brough

Question 5

Seeking out efficiencies and cost-reduction strategies is referred to as _____.

Accepted Answer

The answer of Seeking out efficiencies and cost-reduction strategies is...

Question 6

The _____ stage of the industry life cycle is triggered by a product or service innovation that renders the industry obsolete.

Accepted Answer

The answer of The _____ stage of the industry life...

Question 7

What is customer value, and why does a small business owner need to be concerned about it?

Accepted Answer

Customer value is the difference between

Question 8

Why should small businesses be concerned with the business growth stages?

Accepted Answer

Small business should be concerned with

Question 9

The rules and expectations about workplace behavior comprise the _____.

Accepted Answer

ethics pol

Question 10

It is been estimated that _____ percent of America's scientific and engineering talent are employed by small businesses.

Accepted Answer

The answer of It is been estimated that _____ percent...

Question 11

It is increasingly obvious that small business has become an attractive option for minority groups.

Accepted Answer

A) True 
 B)False

Question 12

When we say a business fails mean that it has gone bankrupt?

Accepted Answer

Not necessarily. Business are

Question 13

The definitions of what constitutes a small business are the same regardless of what country you are in.

Accepted Answer

A) True 
 B)False

Question 14

Cash-flow management includes all of the following activities except for:

Accepted Answer

A)  a focus on the future 
B)  expense control 
C)  receivables management 
D)  developing a close relationship with commercial vendors 
E)  All of the above 
A)  a focus on the future 
B)  expense control 
C)  receivables management 
D)  developing a close relationship with commercial vendors 
E)  All of the above

Question 15

What are the major causes for small businesses failure?

Accepted Answer

Small businesses fail for the same reaso

Question 16

Describe the introduction phase of the industry life cycle.

Accepted Answer

In the introduction phase of the industr

Question 17

The form of business failure where the firms operations have led to losses forwards creditors is known as

Accepted Answer

A)  bankruptcy 
B)  losses to creditors 
C)  avoidance of losses to creditors 
D)  failure of opportunity cost 
E)  discontinuance 
A)  bankruptcy 
B)  losses to creditors 
C)  avoidance of losses to creditors 
D)  failure of opportunity cost 
E)  discontinuance

Question 18

The _____ stage of the small business growth stages is when a business has demonstrated success. There is a strong chance of continued growth and success if entrepreneurial spirit can be maintained.

Accepted Answer

The answer of The _____ stage of the small business...

Question 19

The stages of the industry life cycle will be experienced the same by all industries.

Accepted Answer

A) True 
 B)False

Question 20

The proportion of the U.S. GDP that comes from small business has remained relatively constant at 50 percent for the last 30 years.

Accepted Answer

A) True 
 B)False

The definition of business failure small businesses simply means of the firm is going bankrupt.

Small businesses are not as innovative as large businesses.

Moral or religious principles have the most influence on the ethics of a small business owner.

What do we mean when we say that small businesses fail because of managerial inadequacy?

Seeking out efficiencies and cost-reduction strategies is referred to as _____.

The _____ stage of the industry life cycle is triggered by a product or service innovation that renders the industry obsolete.

What is customer value, and why does a small business owner need to be concerned about it?

Why should small businesses be concerned with the business growth stages?

The rules and expectations about workplace behavior comprise the _____.

It is been estimated that _____ percent of America's scientific and engineering talent are employed by small businesses.

It is increasingly obvious that small business has become an attractive option for minority groups.

When we say a business fails mean that it has gone bankrupt?

The definitions of what constitutes a small business are the same regardless of what country you are in.

Cash-flow management includes all of the following activities except for:

What are the major causes for small businesses failure?

Describe the introduction phase of the industry life cycle.

The form of business failure where the firms operations have led to losses forwards creditors is known as

The _____ stage of the small business growth stages is when a business has demonstrated success. There is a strong chance of continued growth and success if entrepreneurial spirit can be maintained.

The stages of the industry life cycle will be experienced the same by all industries.

The proportion of the U.S. GDP that comes from small business has remained relatively constant at 50 percent for the last 30 years.

Your Business Idea: the Quest for Value

Family Businesses

E-Business and E-Commerce

The Business Plan

Marketing Basics

Marketing Strategy

The Marketing Plan

Accounting and Cash Flow

Financial Management

Supply Chain Management: You Better Get It Right

People and Organization

The Search for Efficiency and Effectiveness

Icebergs and Escapes

Going Global: Yes or No

Filters

Exam 1: Foundations for Small Business

The definition of business failure small businesses simply means of the firm is going bankrupt.

Small businesses are not as innovative as large businesses.

Moral or religious principles have the most influence on the ethics of a small business owner.

What do we mean when we say that small businesses fail because of managerial inadequacy?

Seeking out efficiencies and cost-reduction strategies is referred to as _____.

The _____ stage of the industry life cycle is triggered by a product or service innovation that renders the industry obsolete.

What is customer value, and why does a small business owner need to be concerned about it?

Why should small businesses be concerned with the business growth stages?

The rules and expectations about workplace behavior comprise the _____.

It is been estimated that _____ percent of America's scientific and engineering talent are employed by small businesses.

It is increasingly obvious that small business has become an attractive option for minority groups.

When we say a business fails mean that it has gone bankrupt?

The definitions of what constitutes a small business are the same regardless of what country you are in.

Cash-flow management includes all of the following activities except for:

What are the major causes for small businesses failure?

Describe the introduction phase of the industry life cycle.

The form of business failure where the firms operations have led to losses forwards creditors is known as

The _____ stage of the small business growth stages is when a business has demonstrated success. There is a strong chance of continued growth and success if entrepreneurial spirit can be maintained.

The stages of the industry life cycle will be experienced the same by all industries.

The proportion of the U.S. GDP that comes from small business has remained relatively constant at 50 percent for the last 30 years.

Your Business Idea: the Quest for Value

Family Businesses

E-Business and E-Commerce

The Business Plan

Marketing Basics

Marketing Strategy

The Marketing Plan

Accounting and Cash Flow

Financial Management

Supply Chain Management: You Better Get It Right

People and Organization

The Search for Efficiency and Effectiveness

Icebergs and Escapes

Going Global: Yes or No

Filters