Question 1

Which of the following is true of the eBay website?

Accepted Answer

A)  The eBay method of auctioning means one pays a fee for posting his or her product and a sales fee based on the final bid price when the item sells. 
B)  Most online transactions use a credit card or an online payment system like PayMate,which is a division of eBay. 
C)  eBay does not allow buyers and sellers any anonymity. 
D)  On eBay,one can list a single item for sale only by creating a website to support his or her effort. 
A)  The eBay method of auctioning means one pays a fee for posting his or her product and a sales fee based on the final bid price when the item sells. 
B)  Most online transactions use a credit card or an online payment system like PayMate,which is a division of eBay. 
C)  eBay does not allow buyers and sellers any anonymity. 
D)  On eBay,one can list a single item for sale only by creating a website to support his or her effort.

Question 2

Which of the following is true about part-time self-employment?

Accepted Answer

A)  It is only a minor portion of all current entrepreneurship in the United States. 
B)  There is no volatility in part-time self-employment. 
C)  It accounts for only 10 percent of small businesses in the United States. 
D)  Most entrepreneurs start out working part time on their new business. 
A)  It is only a minor portion of all current entrepreneurship in the United States. 
B)  There is no volatility in part-time self-employment. 
C)  It accounts for only 10 percent of small businesses in the United States. 
D)  Most entrepreneurs start out working part time on their new business.

Question 3

Why are part-time businesses important? Explain.

Accepted Answer

People working for themselves for less t

Question 4

_____ comprises of working for self for more than 35 hours a week.

Accepted Answer

A)  Franchising 
B)  Full-time self-employment 
C)  Aggrandizing 
D)  Part-time self-employment 
A)  Franchising 
B)  Full-time self-employment 
C)  Aggrandizing 
D)  Part-time self-employment

Question 5

All of the following are major concerns of moonlighting EXCEPT:

Accepted Answer

A)  conflict of interest. 
B)  bootstrapping. 
C)  cannibalizing sales. 
D)  poisoning the well. 
A)  conflict of interest. 
B)  bootstrapping. 
C)  cannibalizing sales. 
D)  poisoning the well.

Question 6

The limitations imposed on a business's property by neighborhood groups are referred to as:

Accepted Answer

A)  easements. 
B)  covenants. 
C)  volatilities. 
D)  aggrandizements. 
A)  easements. 
B)  covenants. 
C)  volatilities. 
D)  aggrandizements.

Question 7

Part-time self-employment refers to working for self for 50 or fewer hours a week.

Accepted Answer

A) True 
 B)False

Question 8

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

Accepted Answer

A) True 
 B)False

Question 9

Which of the following is true with regard to home-based businesses in the United States?

Accepted Answer

A)  Home-based businesses are specific only to making furniture,toys,clothing,or food. 
B)  Home-based businesses give U.S.customers the strongest sense of legitimacy. 
C)  Home-based businesses in the United States represent only 5 percent of all firms. 
D)  Home-based businesses are inexpensive and quick to start. 
A)  Home-based businesses are specific only to making furniture,toys,clothing,or food. 
B)  Home-based businesses give U.S.customers the strongest sense of legitimacy. 
C)  Home-based businesses in the United States represent only 5 percent of all firms. 
D)  Home-based businesses are inexpensive and quick to start.

Question 10

Which of the following is true about business-to-business (B2B)transactions?

Accepted Answer

A)  For most people,the B2B market is visible and overexposed. 
B)  An example of a B2B transaction would be an individual buying a cell phone. 
C)  B2B involves electronically-facilitated transactions between consumers through a third party. 
D)  B2B e-commerce is larger than B2C e-commerce. 
A)  For most people,the B2B market is visible and overexposed. 
B)  An example of a B2B transaction would be an individual buying a cell phone. 
C)  B2B involves electronically-facilitated transactions between consumers through a third party. 
D)  B2B e-commerce is larger than B2C e-commerce.

Question 11

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

Accepted Answer

A) True 
 B)False

Question 12

Aggrandizing refers to taking business away from your employer.

Accepted Answer

A) True 
 B)False

Question 13

The most typical form of aggrandizement in part-time businesses is:

Accepted Answer

A)  implying that a firm is a full-time one when it is only part time. 
B)  creating a positive impression among one's employers' customers. 
C)  working on own part-time business after regular job. 
D)  finding a low-cost or no-cost way to do something. 
A)  implying that a firm is a full-time one when it is only part time. 
B)  creating a positive impression among one's employers' customers. 
C)  working on own part-time business after regular job. 
D)  finding a low-cost or no-cost way to do something.

Question 14

When an individual buys products like shoes,music,or cell phones online,it is referred to as _____ type of e-commerce.

Accepted Answer

A)  business-to-business (B2
B)  
B)  business-to-consumer (B2
C)  
C)  consumer-to-consumer (C2
C)  
D)  business-to-Internet (B2I) 
A)  business-to-business (B2
B)  
B)  business-to-consumer (B2
C)  
C)  consumer-to-consumer (C2
C)  
D)  business-to-Internet (B2I)

Question 15

_____ means taking business away from one's employer.

Accepted Answer

A)  Bootstrapping 
B)  Licensing 
C)  Cannibalizing 
D)  Aggrandizing 
A)  Bootstrapping 
B)  Licensing 
C)  Cannibalizing 
D)  Aggrandizing

Question 16

Which of the following is a reason why more new businesses start on a part-time basis?

Accepted Answer

A)  The cost of entry and exit is low. 
B)  There is lack of volatility. 
C)  There is a broad window of opportunity. 
D)  The part-time workforce is very small. 
A)  The cost of entry and exit is low. 
B)  There is lack of volatility. 
C)  There is a broad window of opportunity. 
D)  The part-time workforce is very small.

Question 17

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

Accepted Answer

A)  Variable income 
B)  Minimum startup investment 
C)  Steady income 
D)  Strong customer base 
A)  Variable income 
B)  Minimum startup investment 
C)  Steady income 
D)  Strong customer base

Question 18

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

Accepted Answer

A) True 
 B)False

Question 19

All of the following are situations in which it might make better sense to undertake a part-time business EXCEPT:

Accepted Answer

A)  when someone is new to business and needs to gain basic experience. 
B)  when someone lacks resources to pursue a full-scale business. 
C)  when there is a narrow window of opportunity. 
D)  when there is too much competition. 
A)  when someone is new to business and needs to gain basic experience. 
B)  when someone lacks resources to pursue a full-scale business. 
C)  when there is a narrow window of opportunity. 
D)  when there is too much competition.

Question 20

Government specifications for acceptable use of land and buildings in particular areas are called:

Accepted Answer

A)  licensing laws. 
B)  public utility laws. 
C)  property laws. 
D)  zoning laws. 
A)  licensing laws. 
B)  public utility laws. 
C)  property laws. 
D)  zoning laws.

Which of the following is true of the eBay website?

Which of the following is true about part-time self-employment?

Why are part-time businesses important? Explain.

_____ comprises of working for self for more than 35 hours a week.

All of the following are major concerns of moonlighting EXCEPT:

The limitations imposed on a business's property by neighborhood groups are referred to as:

Part-time self-employment refers to working for self for 50 or fewer hours a week.

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

Which of the following is true with regard to home-based businesses in the United States?

Which of the following is true about business-to-business (B2B)transactions?

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

Aggrandizing refers to taking business away from your employer.

The most typical form of aggrandizement in part-time businesses is:

When an individual buys products like shoes,music,or cell phones online,it is referred to as _____ type of e-commerce.

_____ means taking business away from one's employer.

Which of the following is a reason why more new businesses start on a part-time basis?

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

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

All of the following are situations in which it might make better sense to undertake a part-time business EXCEPT:

Government specifications for acceptable use of land and buildings in particular areas are called:

Small Business: Its Opportunities and Rewards

Small Business Entrepreneurs: Characteristics and Competencies

Small Business Environment: Managing External Relations

Small Business Ideas: Creativity, Opportunity, and Feasibility

Small Business Entry: Paths to Full-Time Entrepreneurship

Small Business Strategies: Imitation With a Twist

Business Plans: Seeing Audiences and Your Business Clearly

Small Business Marketing: Product and Pricing Strategies

Small Business Promotion: Capturing the Eyes of Your Market

Small Business Distribution and Location

Marketing Plans: Saying How Youll Get Salespart Four: Cash, Accounting, and Finance in the Small Business

Small Business Accounting: Projecting and Evaluating Performance

Cash: Lifeblood of the Business

Small Business Finance: Using Equity, Debt, and Gifts

Assets: Inventory and Operations Management

Small Business Protection: Risk Management and Insurance

Legal Issues: Recognizing Your Small Business Needs

Human Resource Management: Small Business Considerations

Achieving Success in the Small Business

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

Which of the following is true of the eBay website?

Which of the following is true about part-time self-employment?

Why are part-time businesses important? Explain.

_____ comprises of working for self for more than 35 hours a week.

All of the following are major concerns of moonlighting EXCEPT:

The limitations imposed on a business's property by neighborhood groups are referred to as:

Part-time self-employment refers to working for self for 50 or fewer hours a week.

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

Which of the following is true with regard to home-based businesses in the United States?

Which of the following is true about business-to-business (B2B)transactions?

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

Aggrandizing refers to taking business away from your employer.

The most typical form of aggrandizement in part-time businesses is:

When an individual buys products like shoes,music,or cell phones online,it is referred to as _____ type of e-commerce.

_____ means taking business away from one's employer.

Which of the following is a reason why more new businesses start on a part-time basis?

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

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

All of the following are situations in which it might make better sense to undertake a part-time business EXCEPT:

Government specifications for acceptable use of land and buildings in particular areas are called:

Small Business: Its Opportunities and Rewards

Small Business Entrepreneurs: Characteristics and Competencies

Small Business Environment: Managing External Relations

Small Business Ideas: Creativity, Opportunity, and Feasibility

Small Business Entry: Paths to Full-Time Entrepreneurship

Small Business Strategies: Imitation With a Twist

Business Plans: Seeing Audiences and Your Business Clearly

Small Business Marketing: Product and Pricing Strategies

Small Business Promotion: Capturing the Eyes of Your Market

Small Business Distribution and Location

Marketing Plans: Saying How Youll Get Salespart Four: Cash, Accounting, and Finance in the Small Business

Small Business Accounting: Projecting and Evaluating Performance

Cash: Lifeblood of the Business

Small Business Finance: Using Equity, Debt, and Gifts

Assets: Inventory and Operations Management

Small Business Protection: Risk Management and Insurance

Legal Issues: Recognizing Your Small Business Needs

Human Resource Management: Small Business Considerations

Achieving Success in the Small Business

Filters