2019 Entrepreneurship 1 2.00

Which is usually a characteristic of a creative person?

What is often a positive result of accepting responsibility for a poor decision?

Many entrepreneurs encounter which situations of emotional risks?

Regan is deciding if she is willing to give up a secure position with a well-known company so she is assessing

An entrepreneur considers the location and financial needs of a business venture during which process?

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

The entrepreneurial discovery process requires knowledge and the recognition of which situation?

When conducting an environmental scan, which is an economic factor that a business should consider?

Ben is conducting a feasibility study. Which question should Ben answer in terms of the financial considerations

In order for a business to generate a profit, its operating costs must be identified as which status to the gross margin

Which is an example of a demographic trend that has encouraged entrepreneurial discovery?

One factor that an entrepreneur should consider while assessing a venture opportunity is whether it will

When planning for her new business, Janine allocates two percent of the estimated annual sales to create a

Jessica’s hobby is making jewelry. There is potential to sell her bracelets and earrings on eBay. This is an example of

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

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

The brainstorming process is used to accomplish which primary goal?

The primary purpose of a feasibility study is to answer which question?

Which is a tool that an entrepreneur develops to project sales for a new business venture?

A business might take an existing product and alter it to fulfill a specific need which different benefactor?

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

Which statement is true about a business environment?

Which is an example of a demographic trend?

Entrepreneurial discovery is an important process in a free-enterprise economic system because an entrepreneur will

When using mind mapping to generate product ideas, it is best begin by writing down the main problem or

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

Which statement is true about entrepreneurial discovery?

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

Flexible currency rates

Which example illustrates how environmental factors are interrelated?

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

Which statement is true regarding the using group creative-thinking techniques to facilitate the idea-generation process

When determining venture-creation opportunities, entrepreneurs must first perform which action?

The costs of operating a business are often called which expenses?

When generating new ideas for new businesses, entrepreneurs often look for ways to perform which action?

Which personality trait is often associated with creative people?

Which is the first factor that a business should consider when it is deciding if it should sell a product?

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

For a prospective entrepreneur, what is necessary to determine the existence of goods and services?

The responsibility of the facilitator of a product idea brainstorming session are to compile all of the ideas and

People who are naturally creative often possess which attribute?

An individual who takes action when he or she is unsure of the outcome is able to perform which action?

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