Question 1

The purpose for establishing incubators is enhancing economic development while grouping similar types of businesses into a consolidated economy.

Accepted Answer

A) True 
 B)False

Question 2

An "incubator" is a facility with low rent that permits start-up small businesses to share resources.

Accepted Answer

A) True 
 B)False

Question 3

As the service economy has grown,a business location being used more and more by service businesses is:

Accepted Answer

A) the industrial park. 
B) home. 
C) central business districts. 
D) outlying areas. 
A) the industrial park. 
B) home. 
C) central business districts. 
D) outlying areas.

Question 4

How does the entrepreneur choose the region of the country for his/her business?

Accepted Answer

∙ What is the total population of the re

Question 5

When in doubt,shopping centers are always a wise location for a small business to choose.

Accepted Answer

A) True 
 B)False

Question 6

Joe wants to open a retail outlet.Discuss with him the factors he should consider in conducting a site selection analysis.

Accepted Answer

For retailers and many service businesse

Question 7

The ________ matches population demographics with lifestyle interests.

Accepted Answer

A) Rand McNally Commercial Atlas & Marketing Guide 
B) Source Book of County Demographics 
C) Lifestyle Market Analyst 
D) Nielsen Media Guide 
A) Rand McNally Commercial Atlas & Marketing Guide 
B) Source Book of County Demographics 
C) Lifestyle Market Analyst 
D) Nielsen Media Guide

Question 8

Any company with 15 or more employees and any buildings occupied after January 25,1993 must comply with the Americans with Disabilities Act.

Accepted Answer

A) True 
 B)False

Question 9

A manufacturer would be most interested in which of the following criteria for the selection of a city location for a new business?

Accepted Answer

A) Public services 
B) Transportation 
C) Reputation of the location 
D) Compatibility with the community 
A) Public services 
B) Transportation 
C) Reputation of the location 
D) Compatibility with the community

Question 10

________ is a useful Web site that gives entrepreneurs help in the location decision.

Accepted Answer

A) Consumer Reports 
B) Index of Retail Saturation 
C) ZoomProspector 
D) Sales Conversion Index 
A) Consumer Reports 
B) Index of Retail Saturation 
C) ZoomProspector 
D) Sales Conversion Index

Question 11

TIGER:

Accepted Answer

A) is a software package combining the ability to draw detailed maps with the power to search through databases. 
B) records data not available through the census and includes eleven indicators of economic growth. 
C) contains the names of every street in the country and detailed block statistics for 345 urban areas. 
D) breaks down the population,retail sales,etc.by census region. 
A) is a software package combining the ability to draw detailed maps with the power to search through databases. 
B) records data not available through the census and includes eleven indicators of economic growth. 
C) contains the names of every street in the country and detailed block statistics for 345 urban areas. 
D) breaks down the population,retail sales,etc.by census region.

Question 12

What factors influence the choice of location for a manufacturer?

Accepted Answer

A manufacturer's location decision is st

Question 13

The first phase in selecting a location is determining what regions of the country are experiencing substantial growth.

Accepted Answer

A) True 
 B)False

Question 14

Signs are one of the most expensive and least effective ways available to small businesses for communicating with customers.

Accepted Answer

A) True 
 B)False

Question 15

When examining a state's available labor force,the potential business owner needs to know:

Accepted Answer

A) the state's labor relations history. 
B) the demographics of the target customers. 
C) both the number and education of the available workforce. 
D) the proximity of its customers. 
A) the state's labor relations history. 
B) the demographics of the target customers. 
C) both the number and education of the available workforce. 
D) the proximity of its customers.

Question 16

Changes in office design have a direct impact on workers' job performance,job satisfaction,and ease of communication.

Accepted Answer

A) True 
 B)False

Question 17

When evaluating an existing building's interior,the entrepreneur should pay particular attention to the building's structural components and the suitability for his/her business.

Accepted Answer

A) True 
 B)False

Question 18

When selecting a city,an entrepreneur will need to factor into her decision:

Accepted Answer

A) the population density and growth trends. 
B) the nature of competition. 
C) the cost of the location. 
D) All of the above 
A) the population density and growth trends. 
B) the nature of competition. 
C) the cost of the location. 
D) All of the above

Question 19

Signs are important to the small business owner because they:

Accepted Answer

A) grow in effectiveness the longer they are in place. 
B) are easy to use and to change. 
C) provide the maximum space for relatively complex messages. 
D) are a medium that is not subject to regulation,thereby permitting maximum flexibility. 
A) grow in effectiveness the longer they are in place. 
B) are easy to use and to change. 
C) provide the maximum space for relatively complex messages. 
D) are a medium that is not subject to regulation,thereby permitting maximum flexibility.

Question 20

The Americans with Disabilities Act of 1990 requires that:

Accepted Answer

A) businesses with more than 25 employees comply fully with the Act by June 1993. 
B) all buildings be remodeled to accommodate any disabled customer or employee. 
C) all businesses must accommodate all disabled customers or job candidates,regardless of the cost. 
D) buildings occupied after January 23,1993 must be designed to accommodate disabled customers and job candidates. 
A) businesses with more than 25 employees comply fully with the Act by June 1993. 
B) all buildings be remodeled to accommodate any disabled customer or employee. 
C) all businesses must accommodate all disabled customers or job candidates,regardless of the cost. 
D) buildings occupied after January 23,1993 must be designed to accommodate disabled customers and job candidates.

Exam 18: Location,layout,and Physical Facilities

The purpose for establishing incubators is enhancing economic development while grouping similar types of businesses into a consolidated economy.

An "incubator" is a facility with low rent that permits start-up small businesses to share resources.

As the service economy has grown,a business location being used more and more by service businesses is:

How does the entrepreneur choose the region of the country for his/her business?

When in doubt,shopping centers are always a wise location for a small business to choose.

Joe wants to open a retail outlet.Discuss with him the factors he should consider in conducting a site selection analysis.

The ________ matches population demographics with lifestyle interests.

Any company with 15 or more employees and any buildings occupied after January 25,1993 must comply with the Americans with Disabilities Act.

A manufacturer would be most interested in which of the following criteria for the selection of a city location for a new business?

________ is a useful Web site that gives entrepreneurs help in the location decision.

TIGER:

What factors influence the choice of location for a manufacturer?

The first phase in selecting a location is determining what regions of the country are experiencing substantial growth.

Signs are one of the most expensive and least effective ways available to small businesses for communicating with customers.

When examining a state's available labor force,the potential business owner needs to know:

Changes in office design have a direct impact on workers' job performance,job satisfaction,and ease of communication.

When evaluating an existing building's interior,the entrepreneur should pay particular attention to the building's structural components and the suitability for his/her business.

When selecting a city,an entrepreneur will need to factor into her decision:

Signs are important to the small business owner because they:

The Americans with Disabilities Act of 1990 requires that:

Entrepreneurs: the Driving Force Behind Small Business

Ethics and Social Responsibility: Doing the Right Thing

Creativity and Innovation: Keys to Entrepreneurial Success

Strategic Management and the Entrepreneur

Choosing a Form of Ownership

Franchising and the Entrepreneur

Buying an Existing Business

New Business Planning Process: Feasibility Analysis,business Modeling,

Building a Bootstrap Marketing Plan

Creative Use of Advertising and Promotion

Pricing and Credit Strategies

Global Marketing Strategies

E-Commerce and Entrepreneurship

Creating a Solid Financial Plan

Managing Cash Flow

Sources of Equity Financing

Sources of Debt Financing

Supply Chain Management

Managing Inventory

Staffing and Leading a Growing Company

Management Succession and Risk Management Strategies in the Family Business

The Legal Environment: Business Law and Government Regulation

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