Exam 16 : History Module

This type of business plan is a step down from the most complete type of business plan.

This is one of the best ways for entrepreneurs to deal with especially difficult work-related or personal problems.

Identifying opportunity is not a trait of a person with a proactive personality.

The leader of an entrepreneurial organization is like a marching band leader because he or she controls every note that his or her "musicians" play.

This type of business plan is a step up from the simplest type of business plan.

In a short essay, describe the contents of the executive summary part of a full business plan.

When hiring, entrepreneurs typically are much less concerned with matching a candidate's values to the organization's organizational culture than traditional HRM managers.

This is an important part of researching a firm's feasibility.

With respect to entrepreneurship, a proactive person is best described as someone who has skill in identifying ________.

An entrepreneurial venture that manufactures low-cost generic pills would be likely to be ________.

In general, an entrepreneurial venture that sees ________ as its competitive advantage would tend to be ________ in structure.

Uncovering business ideas, looking at competitors, and exploring financing options are part of this phase of the entrepreneurial process.

The first step in managing a downturn in an entrepreneurial business is to recognize that things are not going well.

When it was first starting out, the Viking Range company qualified as an entrepreneurial organization because its products were ________.

This is the simplest and briefest type of business plan.

The form of legal ownership that an entrepreneur chooses for a venture primarily affects these concerns.

An entrepreneurial venture's advertising strategy would be included in the description of the business section of a full business plan.

It is a good idea for an entrepreneur to develop a network of trusted friends and advisors to help with problems and decisions.

An entrepreneurial venture and a small business ________.

In the wake of high unemployment, statistics show that entrepreneurship is ________.