Question 1

Even when cash flow problems are discovered,the pro forma budgeted amounts should never be changed.

Accepted Answer

A) True 
 B)False

Question 2

As a firm grows,higher volume increases production efficiency and increases its bargaining power with suppliers.

Accepted Answer

A) True 
 B)False

Question 3

The ________ strategy focuses on selling the firm's existing products to new groups of customers.

Accepted Answer

A)  penetration 
B)  market development 
C)  product development 
D)  diversification 
A)  penetration 
B)  market development 
C)  product development 
D)  diversification

Question 4

The principle of reanalysis requires the entrepreneur to categorize his or her tasks by their degree of importance and then to allocate time to tasks based on this categorization.

Accepted Answer

A) True 
 B)False

Question 5

Growth of the venture:

Accepted Answer

A)  lessens pressures on existing financial resources. 
B)  causes pressures on human resources. 
C)  lessens legitimacy of the firm. 
D)  lessens time spent on management decision making. 
A)  lessens pressures on existing financial resources. 
B)  causes pressures on human resources. 
C)  lessens legitimacy of the firm. 
D)  lessens time spent on management decision making.

Question 6

Developing standardized forms and procedures for recurring events would be an example of the principle of reanalysis.

Accepted Answer

A) True 
 B)False

Question 7

Growing ventures tie up more cash in their inventory than in any other part of the business.

Accepted Answer

A) True 
 B)False

Question 8

A computer company buys a hard-drive manufacturer.This is an example of:

Accepted Answer

A)  backward integration 
B)  horizontal integration 
C)  forward integration 
D)  conglomerate integration 
A)  backward integration 
B)  horizontal integration 
C)  forward integration 
D)  conglomerate integration

Question 9

If employees are spread too thin because of growth,the firm will face problems of employee morale and increased employee turnover.

Accepted Answer

A) True 
 B)False

Even when cash flow problems are discovered,the pro forma budgeted amounts should never be changed.

As a firm grows,higher volume increases production efficiency and increases its bargaining power with suppliers.

The ________ strategy focuses on selling the firm's existing products to new groups of customers.

The principle of reanalysis requires the entrepreneur to categorize his or her tasks by their degree of importance and then to allocate time to tasks based on this categorization.

Growth of the venture:

Developing standardized forms and procedures for recurring events would be an example of the principle of reanalysis.

Growing ventures tie up more cash in their inventory than in any other part of the business.

A computer company buys a hard-drive manufacturer.This is an example of:

If employees are spread too thin because of growth,the firm will face problems of employee morale and increased employee turnover.

The Entrepreneurial Mind-Set

Corporate Entrepreneurship

Generating and Exploiting New Entries

Creativity and the Business Idea

Identifying and Analyzing Domestic and International Opportunities

Protecting the Idea and Other Legal Issues for the Entrepreneur

The Business Plan: Creating and Starting the Venture

The Marketing Plan

The Organizational Plan

The Financial Plan

Sources of Capital

Informal Risk Capital, Venture Capital, and Going Public

Accessing Resources for Growth From External Sources

Succession Planning and Strategies for Harvesting and Ending the Venture

Filters

Exam 13: Strategies for Growth and Managing the Implication of Growth

Even when cash flow problems are discovered,the pro forma budgeted amounts should never be changed.

As a firm grows,higher volume increases production efficiency and increases its bargaining power with suppliers.

The ________ strategy focuses on selling the firm's existing products to new groups of customers.

The principle of reanalysis requires the entrepreneur to categorize his or her tasks by their degree of importance and then to allocate time to tasks based on this categorization.

Growth of the venture:

Developing standardized forms and procedures for recurring events would be an example of the principle of reanalysis.

Growing ventures tie up more cash in their inventory than in any other part of the business.

A computer company buys a hard-drive manufacturer.This is an example of:

If employees are spread too thin because of growth,the firm will face problems of employee morale and increased employee turnover.

The Entrepreneurial Mind-Set

Corporate Entrepreneurship

Generating and Exploiting New Entries

Creativity and the Business Idea

Identifying and Analyzing Domestic and International Opportunities

Protecting the Idea and Other Legal Issues for the Entrepreneur

The Business Plan: Creating and Starting the Venture

The Marketing Plan

The Organizational Plan

The Financial Plan

Sources of Capital

Informal Risk Capital, Venture Capital, and Going Public

Accessing Resources for Growth From External Sources

Succession Planning and Strategies for Harvesting and Ending the Venture

Filters