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STRAYER BUS402 week 2 quiz 1 [summer 2104]




Part-time entrepreneurship has an additional advantage over starting up a company full-time in that;Answer;? Question 2;2 out of 2 points;One key to success with a business startup is to begin with enough;Answer;? Question 3;2 out of 2 points;U.S. economic structure is moving;Answer;? Question 4;0 out of 2 points;Dirk wants to be in control. He's tired of taking orders from others and wants to feel a sense of accountability for the outcome of his work. Dirk displays the entrepreneurial characteristic of;Answer;? Question 5;2 out of 2 points;The growth of entrepreneurship is being fed by;Answer;? Question 6;2 out of 2 points;When building a home-based business, it is important that the entrepreneur;Answer;? Question 7;2 out of 2 points;A significant benefit of starting your own company is;Answer;? Question 8;2 out of 2 points;Juan is able to work well in a constantly changing atmosphere and has little concern for what tomorrow will bring. Juan demonstrates which of the following characteristics of a typical entrepreneur?;Answer;? Question 9;2 out of 2 points;Kyoto has started an interior decoration business. Everything about the business, from its name to the color schemes used in the corporate letterhead, is an expression of her personality. She sees this business as her greatest personal achievement. Kyoto is experiencing the opportunity ________ of small business ownership.;Answer;? Question 10;2 out of 2 points;When running a home-based business;Answer;? Question 11;2 out of 2 points;Minorities cite which of the following as the primary barrier to their entrepreneurship?;Answer;? Question 12;2 out of 2 points;Mary and Ted are discussing starting a new business and are asking themselves a series of questions like, "What is the worst that could happen if we fail?" "How likely is that to happen?" They are assessing which potential drawback of small business ownership?;Answer;? Question 13;2 out of 2 points;Copreneurs" are marked by;Answer;? Question 14;2 out of 2 points;Companies started by women differ from companies started by men in that;Answer;? Question 15;0 out of 2 points;Researchers who study entrepreneurs have discovered that;Answer;? Question 16;2 out of 2 points;The most successful strategic plans make the ________ focal.;Answer;? Question 17;2 out of 2 points;Every business is characterized by a set of controllable variables called ________ that determines the relative success (or lack of it) of market participants;Answer;? Question 18;2 out of 2 points;are negative internal factors that inhibit the accomplishment of a firm's objectives.;Answer;? Question 19;2 out of 2 points;are the broad, long-range attributes the small business seeks to accomplish, ________ are the specific, measurable milestones the company wants to achieve.;Answer;? Question 20;2 out of 2 points;focuses everyone's attention and efforts on the same target market. It is an expression of what the owner believes in.;Answer;? Question 21;2 out of 2 points;A small business owner needs to remember that when it comes to employee involvement in the strategic planning process;Answer;? Question 22;2 out of 2 points;When the small business owner assesses her company's strengths and weaknesses, she is dealing with the ________ business environment.;Answer;? Question 23;2 out of 2 points;A competitive profile matrix;Answer;? Question 24;2 out of 2 points;Rather than attempting to serve the total market, the small firm pursuing a ________ strategy specializes in serving a specific target segment.;Answer;? Question 25;2 out of 2 points;A small business's "aggregation of factors that sets it apart from its competitors" is its;Answer;? Question 26;2 out of 2 points;The final step of the strategic planning process is;Answer;? Question 27;2 out of 2 points;Once the vision and mission are established, the entrepreneur needs to;Answer;? Question 28;2 out of 2 points;are specific measurable targets to be accomplished in a defined time period.;Answer;? Question 29;2 out of 2 points;The small firm's "master plan" is its;Answer;? Question 30;2 out of 2 points;are negative external forces that inhibit the firm's ability to achieve its objectives.;Answer


Paper#30099 | Written in 18-Jul-2015

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