Question 1

Describe two examples of how social media can be used to promote a small business.

Accepted Answer

Half marks are for identifying any of the media on pages Answer:Answer:Answer:-Answer:Answer:Answer: (or any of the emerging social media.) The other half the marks are for providing realistic applications for small firms.

Question 2

Briefly explain how a small business can do crisis planning.

Accepted Answer

The business can predetermine a general approach to any crisis (values and priorities)
identify crisis team (legal advice, contact tree, media spokesperson) create crisis contingency fund, staff training in first aid, fire response, CPR etc.

Question 3

CIDA is an acronym for:

Accepted Answer

A) Canadian Investment Dealers Association. 
B) Customs Import Duty Authority. 
C) Canadian International Development Agency. 
D) Co-operative Insurance Default Act. 
A) Canadian Investment Dealers Association. 
B) Customs Import Duty Authority. 
C) Canadian International Development Agency. 
D) Co-operative Insurance Default Act. C

Question 4

Generally, a website should get the action you want from a customer by using:

Accepted Answer

A) command verbs. 
B) polite requests. 
C) bright colours. 
D) a variety of styles. 
A) command verbs. 
B) polite requests. 
C) bright colours. 
D) a variety of styles.

Question 5

Using your intuition is more likely to gain employee support than using evidence- based decision making.

Accepted Answer

A) True 
 B)False

Question 6

Software that helps an entrepreneur compile an email mailing list is called:

Accepted Answer

A) an email extractor. 
B) a list compiler. 
C) a B2B targeter. 
D) a B2C compiler. 
A) an email extractor. 
B) a list compiler. 
C) a B2B targeter. 
D) a B2C compiler.

Question 7

Define the term ethics and explain who can be harmed by unethical behaviour on the part of an entrepreneur.Use examples.Explain how ethics is different from morality and give examples to show how there may be a conflict between the two.

Accepted Answer

Ethics should be defined in terms of its

Question 8

It is impossible to plan for an unpredicted crisis.

Accepted Answer

A) True 
 B)False

Question 9

When making a formal presentation, the speaker should avoid eye contact with audience members.

Accepted Answer

A) True 
 B)False

Question 10

Research indicates that physically fit entrepreneurs are more likely to achieve their business and personal goals.

Accepted Answer

A) True 
 B)False

Question 11

It is possible to have a strategic alliance with a direct competitor.

Accepted Answer

A) True 
 B)False

Question 12

Discuss the major issues that you would negotiate with a web developer who was designing the site for your company.

Accepted Answer

Half the marks should be awarded for ide

Question 13

As companies get larger, the concerns of the entrepreneur tend to become more:

Accepted Answer

A) strategic. 
B) long-term 
C) proactive 
D) all of the above. 
A) strategic. 
B) long-term 
C) proactive 
D) all of the above.

Question 14

A "coaching" management style depends largely on:

Accepted Answer

A) positive reinforcement. 
B) negative reinforcement. 
C) clear warnings. 
D) team building. 
A) positive reinforcement. 
B) negative reinforcement. 
C) clear warnings. 
D) team building.

Question 15

The single biggest influence on the economy of Canada is:

Accepted Answer

A) world money markets. 
B) the manufacturing sector. 
C) the housing market. 
D) the economy of the United States. 
A) world money markets. 
B) the manufacturing sector. 
C) the housing market. 
D) the economy of the United States.

Question 16

Industry associations are examples of mutual benefit societies.

Accepted Answer

A) True 
 B)False

Question 17

Decisions that are not Strategic Decisions can be classified as:

Accepted Answer

A) long-term decisions. 
B) administrative decisions. 
C) positioning decisions 
D) high-risk decisions. 
A) long-term decisions. 
B) administrative decisions. 
C) positioning decisions 
D) high-risk decisions.

Question 18

Writing is a two-way communication process.

Accepted Answer

A) True 
 B)False

Question 19

"Microfinance" refers to government grants to very small firms.

Accepted Answer

A) True 
 B)False

Question 20

Small business research journals are intended to be read by entrepreneurs.

Accepted Answer

A) True 
 B)False

Describe two examples of how social media can be used to promote a small business.

Briefly explain how a small business can do crisis planning.

CIDA is an acronym for:

Generally, a website should get the action you want from a customer by using:

Using your intuition is more likely to gain employee support than using evidence- based decision making.

Software that helps an entrepreneur compile an email mailing list is called:

Define the term ethics and explain who can be harmed by unethical behaviour on the part of an entrepreneur.Use examples.Explain how ethics is different from morality and give examples to show how there may be a conflict between the two.

It is impossible to plan for an unpredicted crisis.

When making a formal presentation, the speaker should avoid eye contact with audience members.

Research indicates that physically fit entrepreneurs are more likely to achieve their business and personal goals.

It is possible to have a strategic alliance with a direct competitor.

Discuss the major issues that you would negotiate with a web developer who was designing the site for your company.

As companies get larger, the concerns of the entrepreneur tend to become more:

A "coaching" management style depends largely on:

The single biggest influence on the economy of Canada is:

Industry associations are examples of mutual benefit societies.

Decisions that are not Strategic Decisions can be classified as:

Writing is a two-way communication process.

"Microfinance" refers to government grants to very small firms.

Small business research journals are intended to be read by entrepreneurs.

The Concept: What Business Will I Be in

Feasibility: How Do I Know It Will Work

Marketing: How Will I Get Customers

Operations: How Will I Organize the Work

Finances: How Will I Manage the Money

The Business Plans: How Are They Important

The Purchase Alternative: How Do I Buy or Buy Into an Existing Business

The Franchise Alternative: How Do I Buy a Franchise

The Family Firm Alternative: How Do I Take Over My Familys Business

Managing for Growth: How Can I Expand My Business

Managing for Efficiency: How Can I Reduce My Costs and Expenses

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Exam 12: Emerging Trends and Issues in Entrepreneurship: How Can I Prepare for the Future

Describe two examples of how social media can be used to promote a small business.

Briefly explain how a small business can do crisis planning.

CIDA is an acronym for:

Generally, a website should get the action you want from a customer by using:

Using your intuition is more likely to gain employee support than using evidence- based decision making.

Software that helps an entrepreneur compile an email mailing list is called:

Define the term ethics and explain who can be harmed by unethical behaviour on the part of an entrepreneur.Use examples.Explain how ethics is different from morality and give examples to show how there may be a conflict between the two.

It is impossible to plan for an unpredicted crisis.

When making a formal presentation, the speaker should avoid eye contact with audience members.

Research indicates that physically fit entrepreneurs are more likely to achieve their business and personal goals.

It is possible to have a strategic alliance with a direct competitor.

Discuss the major issues that you would negotiate with a web developer who was designing the site for your company.

As companies get larger, the concerns of the entrepreneur tend to become more:

A "coaching" management style depends largely on:

The single biggest influence on the economy of Canada is:

Industry associations are examples of mutual benefit societies.

Decisions that are not Strategic Decisions can be classified as:

Writing is a two-way communication process.

"Microfinance" refers to government grants to very small firms.

Small business research journals are intended to be read by entrepreneurs.

The Concept: What Business Will I Be in

Feasibility: How Do I Know It Will Work

Marketing: How Will I Get Customers

Operations: How Will I Organize the Work

Finances: How Will I Manage the Money

The Business Plans: How Are They Important

The Purchase Alternative: How Do I Buy or Buy Into an Existing Business

The Franchise Alternative: How Do I Buy a Franchise

The Family Firm Alternative: How Do I Take Over My Familys Business

Managing for Growth: How Can I Expand My Business

Managing for Efficiency: How Can I Reduce My Costs and Expenses

Filters