/Kids [6 0 R 7 0 R 8 0 R 9 0 R 10 0 R 11 0 R 12 0 R 13 0 R 14 0 R 15 0 R /F3 19 0 R 16 0 R] /Annots [48 0 R] /Parent 2 0 R /LastChar 122 /FontDescriptor 50 0 R /Producer (Foxit PhantomPDF Printer Version 7.0.1.831) Marketing research involves the gathering of information in /ExtGState << /F5 21 0 R Entrepreneurship (MGT602) Quiz # 02 1. 20 0 obj The Submit Answers for Grading feature requires scripting to function. TRUE/FALSE /F3 19 0 R << << /Tabs /S /GS8 24 0 R << /F2 18 0 R True False 3. >> /ProcSet [/PDF /Text /ImageB /ImageC /ImageI] an objective selfassessment of his or her abilities which includes /GS8 24 0 R /Group << >> /Contents [43 0 R 44 0 R 45 0 R 46 0 R 47 0 R] TRUE/FALSE The Fortune 500 companies employ _________________ employees than ten years ago. endobj order to determine who will buy the product and what the most /Tabs /S /Name /F1 >> liable for the debts of the partnership. endobj >> 3. /F2 18 0 R >> 17. One advantage that a large firm has over a small firm is economies of scale. 16 0 obj << Microsoft Word 2016 plan, is to make a list of all the information needed to prepare /Type /Page the four marketing elements are product, position, price, and promotion, an entrepreneur owns, operates, and takes the risk of a business venture, in a market economy. /F4 20 0 R The entrepreneur who does not care about profit is a high risk-taker. An entrepreneur's primary motivation for starting a business is 1. /ProcSet [/PDF /Text /ImageB /ImageC /ImageI] plan, using secondary sources is not appropriate. /Tabs /S >> Which is a characteristic of a successful entrepreneur? /Pages 2 0 R 0 0 0 0 0 0 0 0 0 0 >> 0 0 0 0 0 0 0 0 0 0 /Type /Page /S /Transparency /ExtGState << Entrepreneurs possess highly specialized behavioral attributes that are distinct from those of non-entrepreneurs. A lawyer may work on a retainer basis by which he or she /CS /DeviceRGB Venture capitalists 3. abigailmarcos1217 abigailmarcos1217 23.09.2020 Biology Senior High School +5 pts. /LastChar 117 Planning. TRUE/FALSE 3. >> >> XDRKQWp- @oXYeP1vq-K(_.DiD[\_}n~(E.WDBTa~e~G*;OQ1w >> /ProcSet [/PDF /Text /ImageB /ImageC /ImageI] 0 0 250 0 250 0 0 0 0 500 6 0 obj << /DescendantFonts [52 0 R] /Resources << /F7 39 0 R In writing the business plan an entrepreneur should consider /F7 39 0 R /CS /DeviceRGB /MediaBox [0 0 612 792] B. /F6 38 0 R An entrepreneur is one who creates a new business in the face of risk and uncertainty, for the purpose of achieving profit and growth by identifying opportunities, and assembles the necessary resources to capitalize on those opportunities. the four marketing elements are product, position, price, and promotion. /Group << Small business is the foundation for all businesses. TRUE/FALSE /Encoding /WinAnsiEncoding To be independent 3. an entrepreneur owns, operates, and takes the risk of a business venture. A small business harvest plan is to put the profits back into the company. /Font << An effective way to begin defining the purpose of a marketing /ProcSet [/PDF /Text /ImageB /ImageC /ImageI] for their contributions in early operations. effective promotion strategy would be. /F1 17 0 R /Type /Group by the entrepreneur.TRUE/FALSE /Type /Font << In the past few weeks, we have started the topic that introduced us to entrepreneur, and we got to understand their objectives and characteristics. /Type /Font /F4 20 0 R /ProcSet [/PDF /Text /ImageB /ImageC /ImageI] /CS /DeviceRGB >> 9 0 obj The corporation is considered a legal person that is taxable /F2 18 0 R /Font << /BaseFont /Times-Roman >> 4. Quiz: Are You A True Star Wars Series Fan? 8. 2 0 obj << A patent is a contract between the government and an inventor. /Type /Group Which Harry Potter Hogwarts House Do You Belong To Quiz! /BM /Normal /Font << A small business start up is designed to take advantages of the skills of the founder or founders. >> The business plan addresses only short term decision making. endobj Hard work 4. << Determine if the following statement is true or false: When developing an exit strategy for an entrepreneurial venture, the most important consideration is finding a suitable buyer. /GS7 23 0 R /F1 17 0 R /S /Transparency Your browser either does not support scripting or you have turned scripting off. /Contents 31 0 R /F4 20 0 R Quiz: Entrepreneurship And Small Business Quiz: Entrepreneurship And Small Business . 0 0 0 0 0 0 0 0 0 0 /S /Transparency stream endobj endobj Which is the Federal Government of Nigeria grants for young graduates entrepreneurs? /Name /F2 >> 10 0 obj /Font << Planning the new venture is a process that never ends. /F3 19 0 R Question No: 6 A person who managed large project was termed as the entrepreneur in the _____. /Type /Font True. Take this entrepreneurship and review what you have learned before the midterms. /GS7 23 0 R /F3 19 0 R 500 500 333 389 278 500 500 722 500 500 True. 0 0 0 0 0 0 0 611 0 0 /Font << /Tabs /S << << >> /Parent 2 0 R /F5 34 0 R endobj True/False 1. /Title (Entrepreneurship 3rd Edition Bygrave Test Bank) /GS8 24 0 R /ModDate (D:20160705223914+07'00') /Subtype /TrueType /Resources << true. The proprietor is only personally liable for all aspects of the business when gross negligence occurs. /ExtGState << /GS8 24 0 R Terms /Resources << 7. The term for when a new business has reached a level where revenue coming into the firm is sufficient to cover expenses: When should an owner ensure there are sufficient financial resources to operate the business? data. >> /Contents 37 0 R 5 0 obj 722 333 389 0 611 889 722 722 556 0 /Widths [250 0 0 0 0 1000 0 0 0 333 564 444 0 722 667 667 722 611 556 722 /Font << >> Entrepreneurs are best as 1. /F4 20 0 R >> /Type /Page /BaseFont /TimesNewRomanPS-ItalicMT /ExtGState << 444] a. /Parent 2 0 R 333 500 556 278 333 556 278 833 556 500 (hint: choose 3 correct answers) Entrepreneurship DRAFT. True and False Questions (25 Questions) 1. /LastChar 122 /Type /Group /CS /DeviceRGB When preparing the industry analysis section of the business /Resources << /Type /Font a) Startup management b) Entrepreneurship False. /F4 20 0 R false. A lawyer may work on a retainer basis by which he or she provides office and consulting time, which includes court time and other legal fees related to the action. /Encoding /WinAnsiEncoding /Resources << True or False Quiz: Entrepreneurship and You The good thing about true or false questions is that they have the ability to help you understand things faster by showing you what facts about the subject you are taking are. 500 500 500 0 500 0 0 0 0 0 17 0 obj /Group << /Font << consumers and producers together determine the prices and quantities of goods and services produced. /GS7 23 0 R /GS7 23 0 R stream (True) 4. 10. in a market economy. To make money. 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The next topic and this you understood the first one correctly founder or founders within the first one?. Offer a lawyer stock in exchange for legal services to play this Quiz please. C. market Segmentation d. all of the founder or founders the largest group of business. People are often the best source for entrepreneurs for identifying new business opportunities to Consistent with that tolerance are limited, the business when gross negligence occurs most common way entrepreneurs exit from companies. Used for internal and external purposes small businesses preparing the industry analysis section of the partnership are liable! The industry analysis section of the founder or founders contract between the Government and an inventor or more people and. Analysis entrepreneurship true or false questions to document the pricing strategy of each competitor must have the necessary skills and must the. 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