Exam 5: Small Business Entry: Paths to Part-Time Entrepreneurship

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Most small businesses-even part-time ones-need to have a website regardless of whether or not they use it for actual sales.

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True

Which of the following situations indicates that it makes better sense to first undertake a part-time business?

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D

In stand retail,the key success factor for a stand is:

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A

An auction in which the low bid gets the business or wins is known as a _____ auction.

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Covenants are government specifications for acceptable use of land and buildings in particular areas.

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Which of the following is true with regard to home retail?

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Which of the following is considered an advantage of stand retailing?

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Primary disadvantages of stand retailing are that it requires a significant amount of capital and time investment.

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Which of the following represents an advantage of the consignment approach?

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Which of the following best describes aggrandizing?

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Cannibalizing occurs when people do work for their part-time business while they are at their full-time job,blurring the boundary between them.

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_____ refers to working for 35 or fewer hours a week.

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Delegation makes sense in two situations.The first is when others can do things better than you.Which of the following is the second situation in which delegation makes sense?

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_____ is a general approach to website design intended to result in the site being displayed toward the beginning of a search engine's listing for that term.

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Which of the following is true about RSS feeds?

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The fundamental success factor in door-to-door selling is:

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Which of the following is a free way to get one's name and business known?

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Intellectual property refers to original works like inventions,visual and performing art works,books,and computer programs.

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All of the following are success factors to "stand retail" except that:

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Which of the following is an example of part-time business?

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