Exam 6: Starting Your Own Business
Exam 1: The Changing Face of Business154 Questions
Exam 2: Business Ethics and Social Responsibility172 Questions
Exam 3: Economic Challenges Facing Contemporary Business184 Questions
Exam 4: Competing in World Markets147 Questions
Exam 5: Small Business and Forms of Business Ownership145 Questions
Exam 6: Starting Your Own Business108 Questions
Exam 7: Management, Leadership, and the Internal Organization191 Questions
Exam 8: Human Resource Management: From Recruitment to Labor Relations138 Questions
Exam 9: Top Performance Through Empowerment, Teamwork, and Communication134 Questions
Exam 10: Production and Operations Management149 Questions
Exam 11: Customer-Driven Marketing132 Questions
Exam 12: Product and Distribution Strategies167 Questions
Exam 13: Promotion and Pricing Strategies138 Questions
Exam 14: Using Technology to Manage Information112 Questions
Exam 15: Understanding Accounting and Financial Statements134 Questions
Exam 16: The Financial System158 Questions
Exam 17: Financial Management90 Questions
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Katherine is a successful entrepreneur.She stays close to her customers and is constantly looking for effective strategies.She is also willing to make adjustments when necessary.Katherine is demonstrating ________.
(Multiple Choice)
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Michael is a successful financial advisor looking to invest money directly into a new consulting business in return for equity in the company.Michael is an example of a(n)________.
(Multiple Choice)
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Concerning education and entrepreneurs,all of the following statements are correct EXCEPT:
(Multiple Choice)
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All of the following are important characteristics of entrepreneurs EXCEPT:
(Multiple Choice)
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The most successful entrepreneurs tend to operate in industries in which a great deal of _________ is taking place and in which customers have difficulty pinpointing their precise ______________,
(Multiple Choice)
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In the past,most entrepreneurs started their ventures without creating formal business plans.
(True/False)
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Franchisees often risk brand integrity by putting their business in the hands of franchisors.
(True/False)
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The Small Business Administration recommends avoiding the use of personal credit cards for business expenses.
(True/False)
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Explain how CEOs like George Buckley believe that intrapreneurship pays off despite the extra effort required.
(Essay)
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Which of the following is a major consideration in selecting a business idea?
(Multiple Choice)
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Describe how social networking has transformed the business environment for entrepreneurs.
(Essay)
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Which of the following persons is LEAST likely to become an entrepreneur?
(Multiple Choice)
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___________ has a long-standing and well-known record of encouraging intrapreneurship.
(Multiple Choice)
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MATCHING
Complete the following using the terms listed.
-_____ provide start-up companies with low-cost shared business facilities.
(Multiple Choice)
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Logan is an entrepreneur who takes personal responsibility for the success or failure of his actions rather than believing in luck or fate.Which characteristic best describes Logan's entrepreneurial philosophy?
(Multiple Choice)
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Social entrepreneursrecognize a societal problem and use business principles to develop innovative solutions.
(True/False)
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Students who graduate from entrepreneurship programs are more likely to be self-employed.
(True/False)
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MATCHING
Complete the following using the terms listed.
-_____ are business firms or groups of individuals who invest in new and growing firms.
(Multiple Choice)
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