Entrepreneurship Review Sim 1-9

Question 1

Which is the easiest type of lease to budget for?

Accepted Answer

Gross Lease

Question 2

Money invested in a business in exchange for a share of ownership in the company, as well as, a share of the profits.

Accepted Answer

Equity Capital

Question 3

A method of analyzing a business is which of the following?

Accepted Answer

Preparing a SWOT

Question 4

Which of the following is a tangible item?

Accepted Answer

Tires

Question 5

Which type of business ownership gives limited liability and has the same pass-through taxation as a partnership?

Accepted Answer

LLC

Question 6

A business that is owned and operated by one person.

Accepted Answer

Proprietorship

Question 7

The advantage of this type of lease is that the cost will drop if sales drop.

Accepted Answer

Percentage Lease

Question 8

Getting small amounts of money from a large number of investors

Accepted Answer

Crowdfunding

Question 9

Which type of lease generally includes the tenant paying for utilities and maintenance fees?

Accepted Answer

Net Lease

Question 10

Which of the following is a service

Accepted Answer

Window Washing Company

Question 11

The type of business ownership that has the advantage of having more skills and investment money from the owners.

Accepted Answer

Partnership

Question 12

Gathering data needed for business decisions is which of the following?

Accepted Answer

Market Research

Question 13

A person that has a career of investing in start-up businesses.

Accepted Answer

Venture Capitalist

Question 14

A focus group is an example of which of the following?

Accepted Answer

Primary Data

Question 15

When a warranty is offered it is an example of competing on which of the following?

Accepted Answer

Service

Question 16

Differentiation reflects which of the following?

Accepted Answer

Uniqueness

Question 17

What is Equity?

Accepted Answer

The value of a business

Question 18

Which type of lease is most common for retail spaces selling services or products?

Accepted Answer

Percentage Lease

Question 19

Secondary Data is an example of which of the following?

Accepted Answer

Internet Findings

Question 20

The type of taxation that represents a sole-proprietorship and a partnership

Accepted Answer

Pass-Through Taxation

Question 21

Conducting a survey represents which of the following?

Accepted Answer

Primary Researc

Question 22

The amount that customers are willing to pay for a product or service.

Accepted Answer

Demand-Based Pricing

Question 23

Which type of business ownership has the same legal rights as a person?

Accepted Answer

Corporation

Question 24

Pricing that is based on adding a mark-up

Accepted Answer

Cost-Based Pricing

Question 25

Age, Gender, Income, Ethnicity, Educational Level are example of ____

Accepted Answer

Demographics

Question 26

A type of lease that covers all costs associated with the premises leased.

Accepted Answer

Gross Lease

Entrepreneurship Review Sim 1-9

Questions 26

Entrepreneurship Review Sim 1-9

Questions 26