Introduction to Business - Chapter 5

How a company will make customers aware of its products/services

Research of the potential business's industry

In the marketing plan section, the market analysis includes research about the customers

Which of the following is a challenge of entrepreneurship?

According to the SBA, a Small business consists of fewer than __________ employees?

Which of the following is NOT on the checklist for starting a venture?

The main reason people become entrepreneurs is to have the opportunity to be creative

A virtual business acts like a business, but is not a real business

Knowing about business only benefits you as an employee, not as a consumer

Reasons to be an entrepreneur include all except

A plan presenting financial forecasts for the business

Which of the following is NOT a characteristic of successful entrepreneurs

Businesses that are owned and operated by one person are called

A plan of the business processes that result in production and delivery of product or service

The first page of a Business Plan

There are 10 essential parts of a Business Plan

A vision statement

Entrepreneurs start a business in an area that is not similar to their experience

Which of the following is NOT on the checklist for Starting a Venture?

Businesses that operate on the Internet, also known as dot-com businesses.

Which of the following is NOT a characteristic of an Entrepreneur