Question 1

Discuss the key considerations for assessing part-time business approaches.

Accepted Answer

There are usually three key consideratio

Question 2

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

Accepted Answer

A)  Byron has a full-time business plan. 
B)  Jamie wants to start a franchise for an international brand. 
C)  Cathy has funds to start her own music school. 
D)  Damon wants to gain experience in the advertising industry. 
A)  Byron has a full-time business plan. 
B)  Jamie wants to start a franchise for an international brand. 
C)  Cathy has funds to start her own music school. 
D)  Damon wants to gain experience in the advertising industry.

Question 3

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

Accepted Answer

A) True 
 B)False

Question 4

Equity refers to:

Accepted Answer

A)  the ownership of a business as a whole. 
B)  the ownership of a portion of a business. 
C)  finding a low cost or no cost way to do a business. 
D)  acquiring permission from the government to do a part-time business. 
A)  the ownership of a business as a whole. 
B)  the ownership of a portion of a business. 
C)  finding a low cost or no cost way to do a business. 
D)  acquiring permission from the government to do a part-time business.

Question 5

Cannibalizing is one of the major concerns when _____.

Accepted Answer

A)  moonlighting 
B)  aggrandizing 
C)  benchmarking 
D)  bootstrapping 
A)  moonlighting 
B)  aggrandizing 
C)  benchmarking 
D)  bootstrapping

Question 6

Which of the following is true about RSS feeds?

Accepted Answer

A)  RSS feeds are used by all websites on the Internet to push content out to customers. 
B)  RSS feeds sends whatever web material is specified to subscribers to that feed. 
C)  RSS stands for "really simple sequence." 
D)  RSS feeds can be read in many browsers but not with special readers. 
A)  RSS feeds are used by all websites on the Internet to push content out to customers. 
B)  RSS feeds sends whatever web material is specified to subscribers to that feed. 
C)  RSS stands for "really simple sequence." 
D)  RSS feeds can be read in many browsers but not with special readers.

Question 7

Which of the following requires a full-time approach to self-employment?

Accepted Answer

A)  Free lancing 
B)  Stand retailing 
C)  Franchising 
D)  Interning 
A)  Free lancing 
B)  Stand retailing 
C)  Franchising 
D)  Interning

Question 8

A(n)_____ is a permission from a government organization to act differently than what the laws state.

Accepted Answer

A)  covenant 
B)  easement 
C)  variance 
D)  business pass 
A)  covenant 
B)  easement 
C)  variance 
D)  business pass

Question 9

Which of the following is true of home businesses?

Accepted Answer

A)  It is very difficult to set up. 
B)  It requires a very high initial capital to start up. 
C)  It does not allow one to work away from his or her employer. 
D)  It provides highly variable income. 
A)  It is very difficult to set up. 
B)  It requires a very high initial capital to start up. 
C)  It does not allow one to work away from his or her employer. 
D)  It provides highly variable income.

Question 10

The majority of part-time businesses are based in the home.

Accepted Answer

A) True 
 B)False

Question 11

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

Accepted Answer

A) True 
 B)False

Question 12

The frequency of business starts and stops is referred to as:

Accepted Answer

A)  volatility. 
B)  aggrandizing. 
C)  bootstrapping. 
D)  adaptability. 
A)  volatility. 
B)  aggrandizing. 
C)  bootstrapping. 
D)  adaptability.

Question 13

Working on one's own part-time business after a regular job is referred to as:

Accepted Answer

A)  moonlighting. 
B)  bootstrapping. 
C)  outsourcing. 
D)  licensing. 
A)  moonlighting. 
B)  bootstrapping. 
C)  outsourcing. 
D)  licensing.

Question 14

Which of the following is an example of full-time self-employment?

Accepted Answer

A)  Angela,who works as a columnist in a local newspaper for 30 hours a week 
B)  Brandon,who works as an intern in a law firm for less than 35 hours a week 
C)  Peggy,who has a business of personalized gifts,works for a minimum of 40 hours a week 
D)  Joey,who is a food critic,works only 14 hours a week 
A)  Angela,who works as a columnist in a local newspaper for 30 hours a week 
B)  Brandon,who works as an intern in a law firm for less than 35 hours a week 
C)  Peggy,who has a business of personalized gifts,works for a minimum of 40 hours a week 
D)  Joey,who is a food critic,works only 14 hours a week

Question 15

In _____ sales,one firm sells to another firm.

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 16

_____ price is a minimum acceptable selling price in an auction.

Accepted Answer

A)  Absolute 
B)  Reserve 
C)  Forward 
D)  Small-value 
A)  Absolute 
B)  Reserve 
C)  Forward 
D)  Small-value

Question 17

One of the ways to determine the financial situation of a business is by crafting a business plan.

Accepted Answer

A) True 
 B)False

Question 18

In what ways do small part-time businesses need to deal with government? Explain.

Accepted Answer

There are two key groups outside busines

Question 19

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

Accepted Answer

A)  having a location where there is enough foot or vehicle traffic. 
B)  having a variable income. 
C)  having nonperishable sale items. 
D)  sharing with other businesses to minimize the high rent. 
A)  having a location where there is enough foot or vehicle traffic. 
B)  having a variable income. 
C)  having nonperishable sale items. 
D)  sharing with other businesses to minimize the high rent.

Question 20

Which of the following is an example of a search engine?

Accepted Answer

A)  AOL 
B)  Facebook 
C)  LinkedIn 
D)  MySpace 
A)  AOL 
B)  Facebook 
C)  LinkedIn 
D)  MySpace

Discuss the key considerations for assessing part-time business approaches.

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

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

Equity refers to:

Cannibalizing is one of the major concerns when _____.

Which of the following is true about RSS feeds?

Which of the following requires a full-time approach to self-employment?

A(n)_____ is a permission from a government organization to act differently than what the laws state.

Which of the following is true of home businesses?

The majority of part-time businesses are based in the home.

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

The frequency of business starts and stops is referred to as:

Working on one's own part-time business after a regular job is referred to as:

Which of the following is an example of full-time self-employment?

In _____ sales,one firm sells to another firm.

_____ price is a minimum acceptable selling price in an auction.

One of the ways to determine the financial situation of a business is by crafting a business plan.

In what ways do small part-time businesses need to deal with government? Explain.

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

Which of the following is an example of a search engine?

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

Discuss the key considerations for assessing part-time business approaches.

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

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

Equity refers to:

Cannibalizing is one of the major concerns when _____.

Which of the following is true about RSS feeds?

Which of the following requires a full-time approach to self-employment?

A(n)_____ is a permission from a government organization to act differently than what the laws state.

Which of the following is true of home businesses?

The majority of part-time businesses are based in the home.

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

The frequency of business starts and stops is referred to as:

Working on one's own part-time business after a regular job is referred to as:

Which of the following is an example of full-time self-employment?

In _____ sales,one firm sells to another firm.

_____ price is a minimum acceptable selling price in an auction.

One of the ways to determine the financial situation of a business is by crafting a business plan.

In what ways do small part-time businesses need to deal with government? Explain.

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

Which of the following is an example of a search engine?

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