Foods2 4.01

Question 1

Jessica asked many questions and conducts reserach when trying to solve problems a her business

Accepted Answer

Target customers

Question 2

What are marketing objectives?

Accepted Answer

Goals

Question 3

Before offering a service or product for sale, determine that there is:

Accepted Answer

a demand for the product.

Question 4

Who are the people to whom a bussiness plans to sell its products?

Accepted Answer

Target consumer

Question 5

Why is sole proprietorship the most common form of business ownership?

Accepted Answer

The government assumes little control over sole proprietor-

Question 6

A term can be defined as the concption, pricing, promotion, and distribution of product & servi

Accepted Answer

Marketing

Question 7

Which is a major advantage to buying a franchise?

Accepted Answer

Management training and technical assistance provided

Question 8

Who are the people most likely to buy a specific product or service?

Accepted Answer

Target customers

Question 9

The inability to interpret financial records demonstrates a lack of:

Accepted Answer

Competence of the entrepreneur.

Question 10

The Cooper Company decided to sell stock to raise capital. What form of business is the company

Accepted Answer

Corporation

Question 11

The major factors contributing to the sucess of a small business,- affected by working capital?

Accepted Answer

Financing

Question 12

There are no coffee shops on Hatteras Insland. Mike thinks that a coffee/bagel shop would be..

Accepted Answer

Opportunity.

Questions 12