Exam 6: Entrepreneurship and Small Business

Marc Adler is the owner of Macquarium,a multimillion-dollar communications company.Macquarium has done work for several large companies.Even though these companies could have prepared their videos and created their websites in-house,these tasks were handled in which of the following ways?

Why does small business thrive in Canada?

What is one advantage of owning a small business?

One of the reasons women start their own companies is a frustration with their current work environment.

The two sources for debt financing are angel investors and venture capitalists.

Which of the following receives greater focus from web-driven entrepreneurs than from traditional entrepreneurs?

What is the most popular type of small business?

Which of the following is a disadvantage associated with the ownership of a small business?

The Business Development Bank of Canada (BDC)assists small businesses by providing advice in management and financial matters.

The first step in starting your own business is the creation of a unique marketable idea.

Which of the following are entrepreneurs who start a series of companies?

Which of the following best describes the activity of an entrepreneur?

Which of the following provides the start-up financing for the majority of new small businesses?

List reasons that small businesses thrive in Canada.

What is the most common use for a business plan?

Retail stores are the most popular category of small businesses.

Jerome Matthews is opening a small computer repair shop.Like other small-business owners,Matthews probably will experience which of the following?

Which of the following is a characteristic of small businesses?

Most start-ups are in the high-technology sector.

Which of the following terms would be used to identify the person who takes the risk of starting and managing a business to make a profit?