Entrepreneurship Unit 2 test

Selling handmade items is an example of identifying a product opportunity by considering:

When generating ideas for new businesses, entrepreneurs often look for ways to:

Which is an operational issue that entrepreneurs must consider when planning their businesses?

Costs of sales for a new manufacturing venture typically include which factors?

Which of the following personality traits is often associated with creative people?

1 of the main reasons why small businesses are strongly promoted& supported by local government

Which of the following is a true statement about a business's environment?

Which of the following statements is true about entrepreneurial discovery?

Which is a way that a business can determine if a product will fulfill needs of a target market

Entrepreneurial discovery is an important proces in free enterprise because an entrepreneur can

A reliable online source of general business start-up information is

Which is an example of a demographic trend?

Which of the following processes helps aspiring entrepreneurs generate venture ideas?

The entrepreneurial discovery process requires knowledge and the recognition of a(n):

Primary responsibility for facilitator of product idea brainstorming session is compile ideas &

When writing a letter of inquiry, when should you identify the purpose of your letter?

The primary goal during the brainstorming process is to

Which is a characteristic of a well-conducted feasibility study?

Which of the following is an example of a demographic trend:

Which of the following examples illustrates how environmental factors are interrelated?

Which of the following is an example of a written business inquiry

When using mind mapping to generate product ideas you begin by writing down the main problem or

Which of the following examples of a demographic trend has encouraged entrepreneurial discovery

Which of the following is usually a characteristic of a creative person?

Which global trend might encourage an entrepreneur to consider international business?

One-time, start-up costs often include which fees?

The brainstorming process is used to accomplish which primary goal?

A business that identifies products to sell that fill needs is making which decision?

The first factor that a business should consider when it is deciding to sell a product?

Which process helps aspiring entrepreneurs generate venture ideas?

Identifying new product opportunities usually requires a person to be:

Which statement is true regarding group creative-thinking to facilitate idea-generation

People who are naturally creative often are:

Which of the following is an example of a demographic trend?

Variable expenses increase in direct proportion to the rate of which factor?

Many entrepreneurs encounter which situations of emotional risks?

Identifying new product opportunities usually requires a person to possess which characteristic

When determining venture-creation opportunities, entrepreneurs must first:

Market opportunity is often affected by:

When conducting an environmental scan, which of the following economic factors is considered?