Question 1

The four Cs of credit are computers,capital,compromise,and collateral.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following statements is (are)true?

Accepted Answer

A) The business plan describes both internal and external elements. 
B) The preliminary business plan should be prepared by a lawyer. 
C) Most business plan resources on the Internet are too complex and expensive to be of use to the new venture. 
D) Once made,a business plan should not be changeD. 
A) The business plan describes both internal and external elements. 
B) The preliminary business plan should be prepared by a lawyer. 
C) Most business plan resources on the Internet are too complex and expensive to be of use to the new venture. 
D) Once made,a business plan should not be changeD.

Question 3

The entrepreneur need not concentrate on environmental analysis since most of the external factors are generally uncontrollable.

Accepted Answer

A) True 
 B)False

Question 4

Newsgroups can be useful for information gathering.

Accepted Answer

A) True 
 B)False

Question 5

Identify 5 of the 9 skill areas an entrepreneur should review in order to determine whether or not they need help writing parts of the business plan.

Accepted Answer

Accounting/taxes
Planning
Fore

Question 6

List three sources of Financial and Industry Operating Ratios from the text.

Accepted Answer

RMA eStatement Studies
Alamana

Question 7

Identify the most common reasons why business plans fail.
A.Goals set by the entrepreneur are unreasonable.
B.Objectives are not measurable.
C.The entrepreneur has not made a total commitment to the business or to the family.
D.The entrepreneur has no experience in the planned business.
E.The entrepreneur has no sense of potential threats or weaknesses to the business.

Accepted Answer

Business plans can fail for a variety of

Question 8

An evaluation of cultural changes is irrelevant to the venture and should not be included in the business plan.

Accepted Answer

A) True 
 B)False

Question 9

Groups of Internet visitors who share opinions and have similar interests are called:

Accepted Answer

A) page groups. 
B) newsgroups. 
C) library sources. 
D) news homes. 
A) page groups. 
B) newsgroups. 
C) library sources. 
D) news homes.

The four Cs of credit are computers,capital,compromise,and collateral.

Which of the following statements is (are)true?

The entrepreneur need not concentrate on environmental analysis since most of the external factors are generally uncontrollable.

Newsgroups can be useful for information gathering.

Identify 5 of the 9 skill areas an entrepreneur should review in order to determine whether or not they need help writing parts of the business plan.

List three sources of Financial and Industry Operating Ratios from the text.

An evaluation of cultural changes is irrelevant to the venture and should not be included in the business plan.

Groups of Internet visitors who share opinions and have similar interests are called:

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 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

Accessing Resources for Growth From External Sources

Succession Planning and Strategies for Harvesting and Ending the Venture

Filters

Exam 7: The Business Plan: Creating and Starting the Venture

The four Cs of credit are computers,capital,compromise,and collateral.

Which of the following statements is (are)true?

The entrepreneur need not concentrate on environmental analysis since most of the external factors are generally uncontrollable.

Newsgroups can be useful for information gathering.

Identify 5 of the 9 skill areas an entrepreneur should review in order to determine whether or not they need help writing parts of the business plan.

List three sources of Financial and Industry Operating Ratios from the text.

An evaluation of cultural changes is irrelevant to the venture and should not be included in the business plan.

Groups of Internet visitors who share opinions and have similar interests are called:

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 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

Accessing Resources for Growth From External Sources

Succession Planning and Strategies for Harvesting and Ending the Venture

Filters