Exam 9: Managing Start-Ups and New Ventures

Imagine you are working for 3M,a company known for supporting innovation.In your private time you create a new product.Will you start your own company? Why or why not?

(Essay)

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Question 21

An entrepreneur looking to enter the manufacturing industry is more likely to fail due to

(Multiple Choice)

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Question 22

Four general factors contribute to the success rate of small businesses.Which of the following is NOT one of those factors?

(Multiple Choice)

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Question 23

Few successful entrepreneurs succeed alone or straight out of college.

(True/False)

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Question 24

In terms of the number of new jobs formed each year,how does small business compare to big business?

(Multiple Choice)

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Question 25

Jay wants to start a new business.With which of the following methods will he pay a share of the income from the business in return for the use of trademarks and business formulas?

(Multiple Choice)

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Question 26

Minorities and women are starting ____________________ small businesses than in the past.

(Short Answer)

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Question 27

Kristen owns and operates a photography studio.She has no employees.She is a(n)

(Multiple Choice)

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Question 28

Insead is a business school in France.Half of its alumni go on to start their own business or purchase one.Describe recent trends in small-business start-ups and how an Insead education could help an entrepreneur.

(Essay)

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Question 29

Which of the following statements is TRUE about the industries that small business owners may consider entering?

(Multiple Choice)

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Question 30

The Internet has virtually rewritten all of the rules for starting and operating a small business.

(True/False)

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Question 31

Four general factors contribute to the failure rate of small businesses.They include

(Multiple Choice)

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Question 32

Bai5 is a beverage company "born and raised in Princeton NJ." The beverages come in a variety of flavors,with 5 calories per serving,no carbonation,and lots of antioxidants.In a beverage market that is dominated by Coca-Cola and Pepsi,Bai5 is an example of

(Multiple Choice)

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Question 33

Most U.S.workers are employed by large firms.

(True/False)

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Question 34

A first-mover enters a segment of a market that offers a new opportunity because it is not currently being satisfied.

(True/False)

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Question 35

A new business can be started either from scratch or by buying an existing business.Which method seems best to you? Explain your answer.

(Essay)

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Question 36

Match the following.You may use a response once,more than once,or not at all. -This is needed to alert entrepreneurs to trouble

(Multiple Choice)

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Question 37

The media often portray big business as crushing small business.In fact,what is the relationship between big and small business more likely to be like?

(Short Answer)

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Question 38

The purpose of the SBA's SBDC program is to consolidate information from various disciplines and institutions,including technical and professional schools.

(True/False)

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Question 39

Part of starting a business is assessing the industry and also a self-assessment by the business owner of her own ____________________ .

(Short Answer)

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Question 40

Showing 21 - 40 of 139

Imagine you are working for 3M,a company known for supporting innovation.In your private time you create a new product.Will you start your own company? Why or why not?

An entrepreneur looking to enter the manufacturing industry is more likely to fail due to

Four general factors contribute to the success rate of small businesses.Which of the following is NOT one of those factors?

Few successful entrepreneurs succeed alone or straight out of college.

In terms of the number of new jobs formed each year,how does small business compare to big business?

Jay wants to start a new business.With which of the following methods will he pay a share of the income from the business in return for the use of trademarks and business formulas?

Minorities and women are starting ____________________ small businesses than in the past.

Kristen owns and operates a photography studio.She has no employees.She is a(n)

Insead is a business school in France.Half of its alumni go on to start their own business or purchase one.Describe recent trends in small-business start-ups and how an Insead education could help an entrepreneur.

Which of the following statements is TRUE about the industries that small business owners may consider entering?

The Internet has virtually rewritten all of the rules for starting and operating a small business.

Four general factors contribute to the failure rate of small businesses.They include

Bai5 is a beverage company "born and raised in Princeton NJ." The beverages come in a variety of flavors,with 5 calories per serving,no carbonation,and lots of antioxidants.In a beverage market that is dominated by Coca-Cola and Pepsi,Bai5 is an example of

Most U.S.workers are employed by large firms.

A first-mover enters a segment of a market that offers a new opportunity because it is not currently being satisfied.

A new business can be started either from scratch or by buying an existing business.Which method seems best to you? Explain your answer.

Match the following.You may use a response once,more than once,or not at all. -This is needed to alert entrepreneurs to trouble

The media often portray big business as crushing small business.In fact,what is the relationship between big and small business more likely to be like?

The purpose of the SBA's SBDC program is to consolidate information from various disciplines and institutions,including technical and professional schools.

Part of starting a business is assessing the industry and also a self-assessment by the business owner of her own ____________________ .

Managing and the Managers Job

Traditional and Contemporary Opportunities and Challenges

Understanding the Organizations Environment

Responding to the Ethical and Social Environment

Navigating the Global Environment

Basic Elements of Planning and Decision Making

Managing Strategy and Strategic Planning

Managing Decision Making and Problem Solving

Basic Elements of Organizing

Managing Organization Design

Managing Change and Innovation

Managing Human Resources

Basic Elements of Individual and Interpersonal Behavior

Managing Employee Motivation and Performance

Managing Leadership and Influence Processes

Managing Interpersonal Relations and Communication

Managing Work Groups and Teams

Basic Elements of Control

Managing Operations, quality, and Productivity

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