Advertising
When planning for her new business, Janine allocates two percent of the estimated annual sales of her company to web and newspaper advertising. Janine is developing which document?
What is promotional budgeting
In order for a business to generate a profit, its operating costs must be identified as which status to the gross margin?
What is less than?
Which is a major advantage of a sole proprietorship?
What is ease of start up?
Which is considered a reliable information source for a business start-up?
What is the Small Business Administration (www.sba.gov)?
Which statement is true regarding training for entrepreneurial ventures?
What is Optimism?
Which is an example of a demographic trend that has encouraged entrepreneurial discovery?
What is Increased cultural diversity?
Which is a disadvantage for each partner of a general partnership?
What is the liability for the losses of the business?
Which statement is true about a business environment?
What is it's always changing?
Alaina needs advice and assistance in starting her new business, so she contacted the Service Corps of Retired Executives (SCORE). Jack, a SCORE volunteer, agreed to act as her guide in the business start-up process. Jack is serving which role?
What behavior is exhibited when an individual recognizes the possibility of an undesirable outcome and continues to work toward a goal?
What is risk-taking?
Which statement is true regarding the use of group creative-thinking techniques to facilitate the idea-generation process?
What is group members most often generate new ideas by altering or building upon another idea?
Which is the primary reason for governments to regulate business activities?
What is to protect the well-being of individuals and businesses?
The brainstorming process is used to accomplish which primary goal?
What is Come up with as many ideas as possible?
Jessica's hobby is making jewelry. There is potential to sell her bracelets and earrings on eBay. This is an example of identifying a product opportunity by considering which factors?
what is Personal Experiences?
Successful entrepreneurs enjoy their work and often start their businesses so that they can share their interests and enthusiasm with others. In other words, successful entrepreneurs have which characteristic for what they do?
What is passion?
When conducting an environmental scan, which is an economic factor that a business should consider?
What is consumer spending habits?
A business that fails to protect its employees from unnecessary risk or health hazards on the job may be sued for which situation?
What is Negligence?
The primary responsibility of the facilitator of a product idea brainstorming session are to compile all of the ideas and perform which other action?
What is Keep the group on task?
What is often a positive result of accepting responsibility for a poor decision?
What is The gain of respect of others?
Identifying new product opportunities usually requires a person to possess which characteristic?
What is awareness?
Which a global trend that might encourage an entrepreneur to consider international business opportunities?
Why do businesses with excessive debts often file Chapter 7 bankruptcy?
What is to liquidate?
Which is a way that a business can determine if a product will fulfill the needs of a target market?
What is ask the customers?
After Porter realized that he processed an order incorrectly, he waited too long to correct the problem. As a result, an incorrect item was shipped to the customer. Now, the customer will need to ship the item back to the warehouse, and Porter's company will need to pay extra charges to have the product returned. What does this situation illustrate?
What is the decisions and actions of an employee can negatively impact others?
Entrepreneurial discovery is an important process in a free-enterprise economic system because an entrepreneur or small-business owner will most likely accomplish which goal?
What is satisfy an unmet demand?