Intro to Business

What is the immediate future of virtual or online businesses?

of a noticeably or measurably large amount

Which is NOT a reward of entrepreneurship?

a distinct part or portion of something written

What is the most important reason many small businesses fail?

what does a mission statement do?

to determine roughly the size, extent, or nature of

What is true of a long-term investment?

to gain full recognition or acceptance

An independently owned business that usually has the owner as its manager

What other piece of the business plan is related to the market analysis?

What is the most important reason for having a business plan?

a written description of a new business venture that describes all aspects of the business

a statement that establishes the scope and purpose of a company and reflects its values

Who would NOT be considered an entrepreneur?

Which part of a business plan describes management and tells who will run the firm?

to collect information about a particular subject

a brief recounting of the key points contained in a business

What is a corporation?

expresses specific aspirations of company and major goals for which it will strive

What is a characteristic of the executive summary in a business plan?

Which is NOT a small business?

something conceived in the mind

Which would most likely describe a successful entrepreneur?

Why do people have trouble getting money to start their own businesses?

a geographic region

A business that operates on the internet

factual information used as a basis for reasoning, discussion, or calculation

Which is often especially important to a small business?