Entrepreneurship Exam

Advantage of a corporation over sole proprietorship

Which of the following is true about sole proprietorships?

Taxes pay for:

To determine your competitive advantage, you'd want to know:

The value of one currency in relation to another

If a business owner has unlimited liability, he/she has:

"Green" companies

Type of distribution that gives a retailer the sole right to sell a product

Type of insurance that covers losses to employees b/c of job related injury or illness

Which of the following challenges poses a bus. risk to entrepreneurs who want to conduct international trade

Suppliers often ___ when demand is high

Advantage of a partnership over sole proprietorship

E-Commerce allows you to:

Type of economy where the govt controls the prices and production

Competitive Intelligence refers to:

The type of business insurance that protects the business's possessions

NOT a characteristic of successful entrepreneurs:

% of a target market population that is buying a particular product or service from your business

Small non-manufacturing business has fewer than how many employees

Market plan goals should

The _ system is the best for entrepreneurs

Secure websites

5 P's of Marketing

Which of the following is not a product feature?

Can recognize potential business ideas from which of the following:

Employees are assets to a business if:

What does the C in B2C stand for?

Type of business that provides the greatest amount of entrepreneurial freedom

Shows projected Yearly Net Profit

Business plans:

Which of the following is not bootstrapping??

Starting a business by yourself without any outside investment

Entrepreneurs:

Consumers buy more when:

Which is true about corporations?

A way to buy a business in the name of another company and sell that company's products or services

Most preferred web extension

Which type of business ownership provides limited liability for its owners

The one-time investment of starting a business is:

Fee that is similar to a tax

If your business sold soft drinks to grocery stores by the pallet, your unit of sale is

You will likely need a prototype for:

Companies that sell to other companies are:

American entrepreneurs: