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unit test 002 and 1
| Question | Answer | ||
|---|---|---|---|
| Entrepreneurs are willing to work until the job is finished. In this respect entrepreneurs are said to be | Persistent | There are no coffee shops on Hatteras Island. Mike thinks that a coffee/bagel shop would have commercial value. His idea is considered a/n: | Opportunity |
| Entrepreneurs generally have high expectations for themselves and strive to achieve those expectations. Thus, they are characterized as: | Self-demanding | The inability to interpret financial records demonstrates a lack of | Competence of the entrepreneur |
| Of the major factors contributing to the success of a small business, which one is affected by the lack of working capital? | Financing | Andrea is very adept at using PowerPoint to make presentations to potential investors in her business. She is demonstrating | Technical skills |
| Jessica asks many questions and conducts¹ research when attempting to solve problems related to her business. What personal characteristic does this represent? | Inquisitiveness | Which section of the business plan contains information about the personal and non-personal promotion for the business? | Marketing plan |
| Clarence Birdseye pioneered the development of packaged frozen foods in the 1920s. He is considered a/n: | Entrepreneur | ||
| Which skills will help an entrepreneur with record-keeping, inventory, ordering, payroll, and profits? | Math skills | ||
| Business owners must be able to get along with their employees, make customers feel welcome, and maintain a working relationship with business associates. These are: | Human relations skills |
Created by:
porsha2012
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