Exam 6: Entrepreneurship and Small Business

Lachlan Stuart is employed by International Paper, a company that values his vision and creativity. To stay ahead in a very competitive industry, International Paper gives Stuart and his division almost complete autonomy to develop innovative and effective communications. Stuart is an example of which of the following type of entrepreneur?

(Multiple Choice)

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Question 81

Which of the following represent international trade specialists who buy goods at a discount from small businesses and resell them abroad?

(Multiple Choice)

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Question 82

Which of the following is the most common motive for becoming an entrepreneur?

(Multiple Choice)

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Question 83

List three advantages that small businesses have over larger, more complex companies.

(Essay)

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Question 84

Which of the following is a formal written statement that describes in detail the idea for a new business and how it will be carried out?

(Multiple Choice)

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Question 85

What does the Business Development Bank of Canada do?

(Multiple Choice)

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Question 86

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

(Multiple Choice)

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Question 87

What is one of the main reasons the number of people starting businesses has decreased?

(Multiple Choice)

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Question 88

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

(True/False)

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Question 89

What is the most common reason that an individual leaves a secure job to start his or her own company?

(Essay)

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Question 90

Entrepreneurs, as a general group, dislike risk taking.

(True/False)

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Question 91

A positive aspect of opening a small business is that it takes very little management skill because it is small.

(True/False)

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Question 92

Due to better advancement opportunities in Fortune 500 corporations, the number of women entrepreneurs is diminishing.

(True/False)

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Question 93

Many small businesses wishing to operate overseas use the services of export management companies.

(True/False)

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Question 94

According to the text, which of the following is a characteristic of the entrepreneurial personality?

(Multiple Choice)

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Question 95

One of the reasons that there has been a dramatic increase in the number of small business start-ups is rapidly changing technology.

(True/False)

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Question 96

Which of the following is the most common use of business plans?

(Multiple Choice)

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Question 97

Once the business plan is finished, what is the next step?

(Multiple Choice)

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Question 98

Why does small business thrive in Canada?

(Multiple Choice)

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Question 99

What is the difference between the small business owner and the entrepreneur?

(Multiple Choice)

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Question 100

Showing 81 - 100 of 137

Which of the following represent international trade specialists who buy goods at a discount from small businesses and resell them abroad?

Which of the following is the most common motive for becoming an entrepreneur?

List three advantages that small businesses have over larger, more complex companies.

Which of the following is a formal written statement that describes in detail the idea for a new business and how it will be carried out?

What does the Business Development Bank of Canada do?

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

What is one of the main reasons the number of people starting businesses has decreased?

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

What is the most common reason that an individual leaves a secure job to start his or her own company?

Entrepreneurs, as a general group, dislike risk taking.

A positive aspect of opening a small business is that it takes very little management skill because it is small.

Due to better advancement opportunities in Fortune 500 corporations, the number of women entrepreneurs is diminishing.

Many small businesses wishing to operate overseas use the services of export management companies.

According to the text, which of the following is a characteristic of the entrepreneurial personality?

One of the reasons that there has been a dramatic increase in the number of small business start-ups is rapidly changing technology.

Which of the following is the most common use of business plans?

Once the business plan is finished, what is the next step?

Why does small business thrive in Canada?

What is the difference between the small business owner and the entrepreneur?

Political Environment

Economic Environment

Social Environment

Technological Environment

International Environment

Understanding the Business

Forms of Business Ownership

Management and Leadership in Today’s Organizations

Designing Organizational Structures

Motivating Employees

Managing Human Resources and Labour Relations

Marketing

Creating Marketing Strategies

Achieving World-class Operations Management

Accounting for Financial Success

Understanding Money and the Canadian Financial System

Finance

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