Exam 1: The Foundations of Entrepreneurship
Exam 1: The Foundations of Entrepreneurship124 Questions
Exam 2: Inside the Entrepreneurial Mind: From Ideas to Reality129 Questions
Exam 3: Designing a Competitive Business Model and Building a Solid Strategic Plan122 Questions
Exam 4: Conducting a Feasibility Analysis and Crafting a Winning Business Plan152 Questions
Exam 5: Forms of Business Ownership105 Questions
Exam 6: Franchising and the Entrepreneur65 Questions
Exam 7: Buying an Existing Business140 Questions
Exam 8: Building a Powerful Marketing Plan136 Questions
Exam 9: E-Commerce and the Entrepreneur134 Questions
Exam 10: Pricing Strategies109 Questions
Exam 11: Creating a Successful Financial Plan136 Questions
Exam 12: Managing Cash Flow140 Questions
Exam 13: Sources of Financing: Debt and Equity216 Questions
Exam 14: Choosing the Right Location and Layout196 Questions
Exam 15: Global Opportunities119 Questions
Exam 16: Building a Team and Management Succession155 Questions
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Research has isolated a set of characteristics that can predict who will succeed as an entrepreneur.
(True/False)
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Because of their size and limited resources,small businesses rarely create innovations that are important to the U.S.economy.
(True/False)
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The following lists the ten deadly mistakes of entrepreneurship.
1.Management mistakes
2.Lack of experience
3.Poor financial control
4.Weak marketing efforts
5.Failure to develop a strategic plan
6.Uncontrolled growth
7.Poor location
8.Improper inventory control
9.Incorrect pricing
10.Inability to make the entrepreneurial transition
Select one of these deadly mistakes,describe what it may look like for the entrepreneur,and give an example.
(Essay)
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Discuss the impact of small businesses on the U.S.economy,including sales,GDP,job creation,and innovation.
(Essay)
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