Question 1

During the initial start-up period, an owner will need more _________ than expected.

Accepted Answer

capital, c

Question 2

In the "Study Café" example, the critical chart process helped the students realize:

Accepted Answer

A)  they need to open their doors for business as they originally planned 
B)  they need to open their doors for business in April 
C)  they need to open their doors for business in August 
D)  both they need to open their doors for business as they originally planned and they need to open their doors for business in April 
A)  they need to open their doors for business as they originally planned 
B)  they need to open their doors for business in April 
C)  they need to open their doors for business in August 
D)  both they need to open their doors for business as they originally planned and they need to open their doors for business in April

Question 3

When practicing time management, a new business owner should give priority to short-term items that can be accomplished quickly.

Accepted Answer

A) True 
 B)False

Question 4

If a new business is to compete against McDonald's, it will have to have similar _________ and _________ of offerings.

Accepted Answer

A)  quality; quantity 
B)  type; quantity 
C)  kind; quality 
D)  none of these 
A)  quality; quantity 
B)  type; quantity 
C)  kind; quality 
D)  none of these

During the initial start-up period, an owner will need more _________ than expected.

In the "Study Café" example, the critical chart process helped the students realize:

When practicing time management, a new business owner should give priority to short-term items that can be accomplished quickly.

If a new business is to compete against McDonald's, it will have to have similar _ and _ of offerings.

Establishing the Legal Foundation

Financial Analysis

Financing and Accounting

Analyzing Cash Flow and Other Financial Information

Business Mission and Strategy

External Analysis

Business Idea Generation and Initial Evaluation

Individual Leadership and Entrepreneurial Start-Ups

Franchising and Purchasing an Existing Business

Exit/Harvest/Turnaround

Marketing

Human Resource Management

The 21st Century Entrepreneur

Filters

Exam 12: Establishing Operations

During the initial start-up period, an owner will need more _________ than expected.

In the "Study Café" example, the critical chart process helped the students realize:

When practicing time management, a new business owner should give priority to short-term items that can be accomplished quickly.

If a new business is to compete against McDonald's, it will have to have similar _________ and _________ of offerings.

Establishing the Legal Foundation

Financial Analysis

Financing and Accounting

Analyzing Cash Flow and Other Financial Information

Business Mission and Strategy

External Analysis

Business Idea Generation and Initial Evaluation

Individual Leadership and Entrepreneurial Start-Ups

Franchising and Purchasing an Existing Business

Exit/Harvest/Turnaround

Marketing

Human Resource Management

The 21st Century Entrepreneur

Filters

If a new business is to compete against McDonald's, it will have to have similar _ and _ of offerings.