Question 1

Which statement about capital requirements in franchising is not true?

Accepted Answer

A) Franchisees pool monies to lower the costs for advertising and sales promotion. 
B) Most franchisors will offer managerial assistance on the basis of need upon the start of the franchisee. 
C) Newsletters and other publications reflecting new ideas and developments are continuously sent to franchisees. 
D) The franchisee has to spend resources to establish the credibility of the business. 
A) Franchisees pool monies to lower the costs for advertising and sales promotion. 
B) Most franchisors will offer managerial assistance on the basis of need upon the start of the franchisee. 
C) Newsletters and other publications reflecting new ideas and developments are continuously sent to franchisees. 
D) The franchisee has to spend resources to establish the credibility of the business.

Question 2

Popular reasons to merge include protection,diversification and survival.

Accepted Answer

A) True 
 B)False

Question 3

The person who purchases the franchise is the:

Accepted Answer

A) business architect. 
B) franchisor. 
C) franchisee. 
D) franchise. 
A) business architect. 
B) franchisor. 
C) franchisee. 
D) franchise.

Question 4

Which of the following are not factors in the success of joint ventures according to the text?

Accepted Answer

A) Chemistry and symmetry. 
B) Symmetry and reasonable expectations. 
C) Finance and education. 
D) Timing and chemistry. 
A) Chemistry and symmetry. 
B) Symmetry and reasonable expectations. 
C) Finance and education. 
D) Timing and chemistry.

Question 5

By buying a franchise the entrepreneur reduces the amount of money available for advertising.

Accepted Answer

A) True 
 B)False

Question 6

In evaluating the potential profit for a new franchise the entrepreneur should request data from the franchisor so they can develop pro forma income and cash flow statements.

Accepted Answer

A) True 
 B)False

Question 7

In most leveraged buyouts,the equity usually exceeds the debt capital equity by 5:1.

Accepted Answer

A) True 
 B)False

Question 8

The bargaining zone is the range of outcomes between the entrepreneur's reservation price and the reservation price of the other party.

Accepted Answer

A) True 
 B)False

Question 9

In order for a joint venture to be successful:

Accepted Answer

A) the expectations of the results must be reasonable. 
B) there should be symmetry between the partners. 
C) the timing must be right. 
D) all of the above. 
A) the expectations of the results must be reasonable. 
B) there should be symmetry between the partners. 
C) the timing must be right. 
D) all of the above.

Question 10

To be successful the partners in a joint venture should have symmetry.

Accepted Answer

A) True 
 B)False

Which statement about capital requirements in franchising is not true?

Popular reasons to merge include protection,diversification and survival.

The person who purchases the franchise is the:

Which of the following are not factors in the success of joint ventures according to the text?

By buying a franchise the entrepreneur reduces the amount of money available for advertising.

In evaluating the potential profit for a new franchise the entrepreneur should request data from the franchisor so they can develop pro forma income and cash flow statements.

In most leveraged buyouts,the equity usually exceeds the debt capital equity by 5:1.

The bargaining zone is the range of outcomes between the entrepreneur's reservation price and the reservation price of the other party.

In order for a joint venture to be successful:

To be successful the partners in a joint venture should have symmetry.

Entrepreneurship and the Entrepreneurial Mind-Set

Entrepreneurial Intentions and Corporate Entrepreneurship

Entrepreneurial Strategy: Generating and Exploiting New Entries

Creativity and the Business Idea

Identifying and Analyzing Domestic and International Opportunities

Intellectual Property and Other Legal Issues for the Entrepreneur

The Business Plan: Creating and Starting the Venture

The Marketing Plan

The Organizational Plan

The Financial Plan

Sources of Capital

Informal Risk Capital, venture Capital, and Going Public

Strategies for Growth and Managing the Implication of Growth

Succession Planning and Strategies for Harvesting and Ending the Venture

Filters

Exam 14: Accessing Resources for Growth From External Sources

Which statement about capital requirements in franchising is not true?

Popular reasons to merge include protection,diversification and survival.

The person who purchases the franchise is the:

Which of the following are not factors in the success of joint ventures according to the text?

By buying a franchise the entrepreneur reduces the amount of money available for advertising.

In evaluating the potential profit for a new franchise the entrepreneur should request data from the franchisor so they can develop pro forma income and cash flow statements.

In most leveraged buyouts,the equity usually exceeds the debt capital equity by 5:1.

The bargaining zone is the range of outcomes between the entrepreneur's reservation price and the reservation price of the other party.

In order for a joint venture to be successful:

To be successful the partners in a joint venture should have symmetry.

Entrepreneurship and the Entrepreneurial Mind-Set

Entrepreneurial Intentions and Corporate Entrepreneurship

Entrepreneurial Strategy: Generating and Exploiting New Entries

Creativity and the Business Idea

Identifying and Analyzing Domestic and International Opportunities

Intellectual Property and Other Legal Issues for the Entrepreneur

The Business Plan: Creating and Starting the Venture

The Marketing Plan

The Organizational Plan

The Financial Plan

Sources of Capital

Informal Risk Capital, venture Capital, and Going Public

Strategies for Growth and Managing the Implication of Growth

Succession Planning and Strategies for Harvesting and Ending the Venture

Filters