Chapter 6 - Entrepreneurship

Which of the following is NOT one of the seven parts of a business plan?

A business plan typically shows five years of financial projections.

An executive summary is a separate report that contains highlights of a business plan.

The time period for acting on a business opportunity before it is lost is called the

A manufacturer with whom you discuss a product idea should sign this type of agreement

A calculated risk is one that carefully considers the potential costs and benefits of an idea.

A person who sells a franchise is called a franchisee.

A business plan is not the place to discuss the type of ownership planned for the business.

A problem with cost/benefit analysis is assigning a monetary value to intangible things; time.

A SWOT analysis is a type of business plan.

An investor's business plan is typically informal and presented within the company.

Which of the following is NOT part of the SWOT analysis?

Which of the following is typically the final section of a business plan?

The business plan of a for-profit company focuses on the product/service and the support staff.

A working prototype is a computer-aided drawing of an invention.

A business plan for a nonprofit focuses on the mission and services in support of the mission.

A quick summary business plan is typically presented as a slide show.

Which of the following is NOT a creative-thinking technique?

An executive summary is a one- or two- page report describing

How long does a quick summary type of a business plan last?

Which business plan is meant for use within the business only?

Which of the following is NOT a method for determining the feasibility of a business idea?

You can recognize potential business ideas from which of the following sources?