Exam 1: Your Great Adventure: Exploring Your Options
Exam 1: Your Great Adventure: Exploring Your Options79 Questions
Exam 2: Spotting Trends and Opportunities78 Questions
Exam 3: Positioning Yourself As an Entrepreneur76 Questions
Exam 4: Profiling Your Target Customer83 Questions
Exam 5: Learning From the Competition70 Questions
Exam 6: Marketing: Pricing and Promoting78 Questions
Exam 7: Marketing: Distribution and Location82 Questions
Exam 8: Legal Concerns82 Questions
Exam 9: Risk Management Issues77 Questions
Exam 10: The Power of Numbers77 Questions
Exam 11: Financing Your Business75 Questions
Exam 12: Building and Managing a Winning Team75 Questions
Exam 13: Buying a Business80 Questions
Exam 14: Buying a Franchise or Franchising77 Questions
Exam 15: Pulling the Plan Together77 Questions
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Intrapreneurs are agents of change who only work in large-sized organizations.
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(True/False)
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Correct Answer:
False
According to Industry Canada, what number of employees does an SME typically employ?
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(Multiple Choice)
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Correct Answer:
B
____________ are entrepreneurs who want to provide environmental change.
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(Short Answer)
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Correct Answer:
Green change agents
Business plans help owners measure the progress of their businesses.
(True/False)
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Innovation is the process of creating, changing, modifying, or improving a product, service, or business process with the purpose of creating value.
(True/False)
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According to the Statistics Canada Business Register as of December 2011, which province/territory had the largest GDP per business establishment?
(Multiple Choice)
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According to the textbook, most small businesses are located in which industry sector?
(Multiple Choice)
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According to Statistics Canada, how many people are employed in a typical Canadian small business?
(Multiple Choice)
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New-eyes research is using your intuition and observation skills to observe your competition.
(True/False)
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Reading articles related to your business operation is primary research.
(True/False)
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Industry Canada's definition of a small business is any business having fewer than 50 employees.
(True/False)
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According to 90 percent of entrepreneurs, which of the following is a major characteristic of running a business?
(Multiple Choice)
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What percentage of Canadian small businesses survive for at least five years?
(Multiple Choice)
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A business with 1-4 employees is usually referred to as a _____________________.
(Short Answer)
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According to the CFIB, how many entrepreneurs work more than 50 hours a week?
(Multiple Choice)
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A form of doodling for the purpose of generating ideas is known as __________ __________.
(Short Answer)
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The three kinds of research that are important to the entrepreneur are primary, secondary, and tertiary research.
(True/False)
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