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Entrep Unit 1

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
show A higher demand for more convenience products  
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Which of the following is most likely to have a negative effect on domestic small-business growth   show
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show deregulating and reducing taxes  
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show Uncertain income  
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show Risk taking  
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show The type of training and education that entrepreneurs need depends on the nature of the start-up business  
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show passion for  
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Entrepreneurs often discover business start-up ideas by looking for gaps between what is currently being done and   show
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A manager, said to his staff, "I know that many of you think that this is a risky course of action. But, I've decided that we should proceed. If successful, it could greatly benefit the company. If it fails, I'll accept consequences." What is Jack doing?   show
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show Optimism  
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Which of the following is a financial concern that entrepreneurs often face when starting new businesses:   show
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show Determination  
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Identifying new product opportunities usually requires a person to be   show
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Any business that is operated by one or a few individuals. Employs less than100 people and represent 99.7% of all employers   show
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show Entrepreneur  
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The process of starting and operating one’s own business   show
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show Venture  
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An idea that has commercial value   show
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The owner of a business that was generally started to create jobs for the owners and referred to as a “mom and pop” business   show
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show Myra is interested in starting a new business venture. She does not know much about what type of taxes the business will need to pay. The best source of start-up information for this area would be  
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show Coin laundry trade association  
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A reliable source of general business start-up information is   show
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show mentor  
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Which of the following is an example of a written business inquiry:   show
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When writing a letter of inquiry, when should you identify the purpose of your letter?   show
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What component is important to include in all types of inquiry letters?   show
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Kari would like to start her own restaurant. She has has some questions about specific services she would like to offer. What would be the best step for her to take before she proceeds?   show
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show They are important to the economy.  
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show Restrictive loan policies  
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Created by: EddieS
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