Exam 6: Managing Small Business Start Ups

Before opening his own business, Kareem was writing a report that details the specifics of his ideas and future business operations. This document is known as a:

(Multiple Choice)

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Question 61

Andrew, a young entrepreneur, feels sure about his ability to win customers through his people skills. He is comfortable with his ability to handle technical details and feels that he is able to keep his business moving. This most closely relates to which personality trait of entrepreneurs?

(Multiple Choice)

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Question 62

In 2011, which country had the largest percentage of individuals age 18 to 64 that were active in starting or managing a business?

(Multiple Choice)

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Question 63

During the latter stages of entrepreneurial growth, the manager:

(Multiple Choice)

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Question 64

A(n) _____ is a group of companies or individuals that invests money in new or expanding businesses for ownership and potential profits.

(Short Answer)

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Question 65

Equity financing is when funds are invested in exchange for ownership in the company.

(True/False)

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Question 66

Which of the following is NOT an appropriate legal structure for an entrepreneurial company?

(Multiple Choice)

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Question 67

A document specifying the business details prepared by an entrepreneur prior to opening a new business is known as a business plan.

(True/False)

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Question 68

List the five stages of growth for an entrepreneurial company.

(Essay)

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Question 69

An unincorporated business owned by an individual for profit is known as a(n) _____.

(Short Answer)

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Question 70

Entrepreneurs who aspire to start online businesses implement all the following steps except:

(Multiple Choice)

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Question 71

Which of these refers to an unincorporated business owned by an individual for profit?

(Multiple Choice)

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Question 72

The first step in pursuing an entrepreneurial dream is to come up with a viable idea.

(True/False)

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Question 73

The most common reason for becoming an entrepreneur is:

(Multiple Choice)

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Question 74

The process of initiating a business venture, organizing it, and assuming its risks is known as _____.

(Short Answer)

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Question 75

Samuel Rohrer is providing consumers with a new, unique business. The stage of the growth where his business has demonstrated that it is a workable business entity is considered the:

(Multiple Choice)

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Question 76

A need to achieve is a psychological characteristic that means people are motivated to excell and pick situations in which success is likely.

(True/False)

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Question 77

If a small business owner enjoys the chance to balance work and personal life, he would be considered a(n) _____.

(Multiple Choice)

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Question 78

By _____, an entrepreneur has the advantage to develop and design the business in his/her own way.

(Short Answer)

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Question 79

Entrepreneurs in the sustainer category alike the chance to balance work and personal life and often don't want the business to grow too large.

(True/False)

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Question 80

Showing 61 - 80 of 136

Before opening his own business, Kareem was writing a report that details the specifics of his ideas and future business operations. This document is known as a:

Andrew, a young entrepreneur, feels sure about his ability to win customers through his people skills. He is comfortable with his ability to handle technical details and feels that he is able to keep his business moving. This most closely relates to which personality trait of entrepreneurs?

In 2011, which country had the largest percentage of individuals age 18 to 64 that were active in starting or managing a business?

During the latter stages of entrepreneurial growth, the manager:

A(n) _____ is a group of companies or individuals that invests money in new or expanding businesses for ownership and potential profits.

Equity financing is when funds are invested in exchange for ownership in the company.

Which of the following is NOT an appropriate legal structure for an entrepreneurial company?

A document specifying the business details prepared by an entrepreneur prior to opening a new business is known as a business plan.

List the five stages of growth for an entrepreneurial company.

An unincorporated business owned by an individual for profit is known as a(n) _____.

Entrepreneurs who aspire to start online businesses implement all the following steps except:

Which of these refers to an unincorporated business owned by an individual for profit?

The first step in pursuing an entrepreneurial dream is to come up with a viable idea.

The most common reason for becoming an entrepreneur is:

The process of initiating a business venture, organizing it, and assuming its risks is known as _____.

Samuel Rohrer is providing consumers with a new, unique business. The stage of the growth where his business has demonstrated that it is a workable business entity is considered the:

A need to achieve is a psychological characteristic that means people are motivated to excell and pick situations in which success is likely.

If a small business owner enjoys the chance to balance work and personal life, he would be considered a(n) _____.

By _____, an entrepreneur has the advantage to develop and design the business in his/her own way.

Entrepreneurs in the sustainer category alike the chance to balance work and personal life and often don't want the business to grow too large.

Innovative Management for a Changing World

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing in a Global Environment

Managing Ethics and Social Responsibility

Managerial Planning and Goal Setting

Strategy Formulation and Execution

Managerial Decision Making

Designing Adaptive Organizations

Managing Change and Innovation

Managing Human Resources

Managing Diversity

Understanding Individual Behavior

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

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