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STRAYER BUS402 week 2 quiz 1,week 3 quiz 2 and week 4 quiz 3 [summer 2014 ]

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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;quiz 2;One major advantage of the ________ is that once the owner has paid all of the company's expenses, he/she can keep the remaining profits (less taxes, of course).;Answer;? Question 2;2 out of 2 points;Corporations that are formed in other countries but do business in the United States are;Answer;? Question 3;2 out of 2 points;A corporation doing business in the state in which it is incorporated is considered to be a(n) ________ corporation.;Answer;? Question 4;2 out of 2 points;The ________ is the most complex form of ownership and is a separate legal entity in the eyes of the law.;Answer;? Question 5;0 out of 2 points;A limited liability company is formed under;Answer;? Question 6;2 out of 2 points;The key to choosing the "right" form of ownership is;Answer;? Question 7;2 out of 2 points;A partnership is;Answer;? Question 8;2 out of 2 points;The most critical disadvantage of the sole proprietorship is;Answer;? Question 9;2 out of 2 points;A significant disadvantage of a partnership is;Answer;? Question 10;0 out of 2 points;In a limited partnership, the limited partners are treated like ________ by the law.;Answer;? Question 11;0 out of 2 points;In a joint venture, individuals join together in co-ownership for;Answer;? Question 12;2 out of 2 points;Probably the most important feature of a partnership agreement is;Answer;? Question 13;2 out of 2 points;The most common form of business ownership is the;Answer;? Question 14;2 out of 2 points;partners are not active in a business but generally are known to be members of the partnership.;Answer;? Question 15;2 out of 2 points;Acme Corporation is chartered in Delaware, but its primary area of operation is in South Carolina. In South Carolina, Acme would be considered a(n) ________ corporation.;Answer;? Question 16;2 out of 2 points;When buying a franchise, the potential franchisee should first;Answer;? Question 17;2 out of 2 points;To protect investors from unscrupulous franchisers, the regulatory body is the;Answer;? Question 18;2 out of 2 points;A significant advantage a franchisee has over the independent small business owner is participation in the franchiser's ________.;Answer;? Question 19;2 out of 2 points;Most franchise experts consider the most important factor in the success of a franchise to be;Answer;? Question 20;2 out of 2 points;The ________ requires all franchisers to disclose detailed information on their operations at the first personal meeting or at least fourteen days before a franchise contract is signed or any money is paid.;Answer;? Question 21;0 out of 2 points;The FTC's philosophy focuses on;Answer;? Question 22;2 out of 2 points;Franchise advertising programs;Answer;? Question 23;2 out of 2 points;The most expensive franchises in terms of total investment are;Answer;? Question 24;2 out of 2 points;franchising involves the owner of an existing business becoming a franchisee to gain the advantage of name recognition.;Answer;? Question 25;2 out of 2 points;In franchising, ________ pay fees and royalties to a ________ in return for the right to sell its products or services under the franchiser's trade name and often to use its business format and system.;Answer;? Question 26;2 out of 2 points;There are two main risks in purchasing a franchise. First, that of the franchiser's experience and business system, and second;Answer;? Question 27;2 out of 2 points;Another term for cobranding franchising is;Answer;? Question 28;2 out of 2 points;The primary advantage of buying a franchise over starting your own company is;Answer;? Question 29;2 out of 2 points;The payment the franchisee makes to the franchiser based on gross sales is;Answer;? Question 30;2 out of 2 points;In view of the cause of most new business failures, probably the most valuable service provided franchisees by the franchiser is;Answer;quiz 3;?;The valuation approach that considers the value of goodwill is the;Answer;? Question 2;0 out of 2 points;Which method of business valuation relies on three forecasts of future earnings?optimistic, pessimistic, and most likely?;Answer;? Question 3;2 out of 2 points;If the firm owns any trademarks, patents, or copyrights, or has built up a positive reputation with customers and suppliers, the business has what is/are called;Answer;? Question 4;2 out of 2 points;When it comes to buying an existing business, it is not uncommon to find it;Answer;? Question 5;2 out of 2 points;The biggest source for the best companies to buy is;Answer;? Question 6;2 out of 2 points;The capitalized earnings approach determines the value of a business by capitalizing its expected profits using;Answer;? Question 7;2 out of 2 points;The process of gathering information about the company, valuing the company, and performing a detailed review of all records, agreements, and compliance is called;Answer;? Question 8;2 out of 2 points;Once an entrepreneur has evaluated him/herself, the next step in the acquisition process would be to;Answer;? Question 9;2 out of 2 points;One advantage of buying an existing business is;Answer;? Question 10;2 out of 2 points;When a buyer is reviewing a candidate company's lease arrangements, location and appearance, intangible assets, etc., he is answering what basic acquisition question?;Answer;? Question 11;2 out of 2 points;Which of the following is a way to smooth the transition of leadership/management from the seller of a business to the buyer?;Answer;? Question 12;2 out of 2 points;Which of the following is a criterion for a bulk transfer?;Answer;? Question 13;2 out of 2 points;The first step an entrepreneur should take when acquiring an existing business is to;Answer;? Question 14;2 out of 2 points;Perhaps the ideal source of financing the purchase of an existing business is;Answer;? Question 15;2 out of 2 points;Normally, when buying a business, the seller;Answer;? Question 16;2 out of 2 points;A well-developed business plan provides the entrepreneur with a number of benefits, such as;Answer;? Question 17;2 out of 2 points;The loan proposal portion of the business plan should include;Answer;? Question 18;2 out of 2 points;A business plan;Answer;? Question 19;2 out of 2 points;An explanation of how the product will be distributed is contained within the;Answer;? Question 20;2 out of 2 points;A solid business plan is marked by a number of characteristics including;Answer;? Question 21;2 out of 2 points;are short-term, specific targets which are attainable, measurable, and controllable.;Answer;? Question 22;2 out of 2 points;Business plans need to pass three tests;Answer;? Question 23;2 out of 2 points;The primary purpose of building a business plan is to;Answer;? Question 24;2 out of 2 points;A ________ is what a customer gains from the product or service feature.;Answer;? Question 25;2 out of 2 points;The organization chart is described in which section of the business plan?;Answer;? Question 26;2 out of 2 points;When creating financial forecasts in a business plan for a proposed venture, an entrepreneur should;Answer;? Question 27;2 out of 2 points;Your cash budget and an explanation of how much money you need to make your company and product a long-term success are the subject matter of the;Answer;? Question 28;2 out of 2 points;A business plan performs a number of functions including;Answer;? Question 29;2 out of 2 points;The ________ highlights significant financial and operational events in the company's life and should concentrate on the company's accomplishments.;Answer;? Question 30;2 out of 2 points;The ________ becomes the document that summarizes the analysis that has been done to justify a new business.;Answer

 

Paper#30113 | Written in 18-Jul-2015

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