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Unit 1
Unit 2
Unit 3
Unit 4
Miscellaneous
100
Which of the following statements is most likely to have a negative effect on domestic small-business growth: A. Involuntary tax reductions B. Restrictive loan policies C. Low interest rates D. Slow inflation
B. Restrictive loan policies
100
The entrepreneurial discovery process requires knowledge and the recognition of a(n) A. economic crisis. B. preventable accident. C. market need. D. creative observation.
C. market need.
100
Marketing strategies are designed and implemented for the overall purpose of: A. changing the image of the business. B. improving management techniques. C. Achieving planned goals. D. Increasing business profits immediately.
C. achieving planned goals
100
When Kate selects a name and obtains a web address for her new catering business, she needs to make sure that the name of the business is: A. unique and available. B. catchy and copyrighted. C. specific and patented. D. abstract and formal.
A. unique and available.
100
What is Douglas Howie's Favorite store?
What is Hot Topic
200
Small businesses have a positive effect on the local community because they: A. reduce competition. B. pay taxes. C. limit job growth. D. charge interest.
B. pay taxes.
200
For a prospective entrepreneur, what is necessary to determine the existence of goods and services? NCCTE.9_12.SH.ME11.2.01 RBT: A. Demographic changes B. Product standards C. Entrepreneurial discovery D. Raw materials
C. Entrepreneurial discovery
200
Which of the following is a consideration in the place element of marketing: A. Offering warranties or guarantees B. Choosing distribution channels C. Using sales promotion D. Extending credit to customers
B. Choosing distribution channels
200
Can any brand name be selected and used by a business? A. No, the name must be legally available for use. B. Yes, brand names cannot be owned by a business. C. Yes, a business can use any name it wants to use. D. No, the name must be registered before it can be used.
A. No, the name must be legally available for use.
200
Who was the 2016 Prom Queen?
Who is Barajas
300
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______what they do. A. reservations about B. concerns about C. apathy for D. passion for
D. passion for
300
Entrepreneurial discovery is an important process in a free-enterprise economic system because an entrepreneur or small-business owner can A. satisfy an unmet demand. B. form a technological monopoly. C. improve economic sanctions. D. change legal requirements.
A. satisfy an unmet demand.
300
Proctor and Gamble's decision to offer different types of soaps in a wide range of prices is an example of A. direct marketing. B. market segmentation. C. geographic segmentation. D. industrial marketing.
B. market segmentation.
300
One way a national business chain can make sure that customers will remember its name is to develop a brand name that is A. long and complicated. B. easy to read and pronounce. C. similar to those used by competitors. D. associated with a specific period of time.
B. easy to read and pronounce
300
What does Anderson do to sneakers?
What is Refresh and/or Paint them
400
What behavior is exhibited when an individual recognizes the possibility of an undesirable outcome and continues to work toward a goal? A. Creativity B. Self-discipline C. Risk taking D. Flexibility
C. Risk taking
400
Which of the following is an example of a demographic trend that has encouraged entrepreneurial discovery: A. Interest rate fluctuations B. Increased cultural diversity C. Industry deregulation D. Technological advancements
B. Increased cultural diversity
400
Before producing and selling a product, which of the following should marketers do first: A. Set up a promotional plan B. Select a channel of distribution C. Identify the market for the product D. Determine the product's price
C. Identify the market for the product
400
An effective mission statement should effectively reflect the business's A. touch points. B. specific goals. C. ethics policies. D. core values.
D. core values.
400
Who is the tallest student ever?
Who is Justin
500
Which of the following is a financial concern that entrepreneurs often face when starting new businesses: A. Irregular paychecks B. Long working hours C. Shorter vacations D. Lower production standards
A. Irregular paychecks
500
. After a Korean auto manufacturer built a plant in Ames, Iowa, Kwan noticed a substantial growth of Korean residents in the area, many of whom were relocated to Ames to work for the plant. Kwan decided to import Korean goods and sell them in a small Korean specialty store near town. This is an example of a product opportunity resulting from A. advancements in technology. B. changes in travel habits. C. differences in priority. D. shifts in popularity ethnicity.
D. shifts in popularity ethnicity.
500
When sellers offer one-size-fits-all products that will appeal to most buyers, they are using A. market segmentation B. mass marketing. C. mass production. D. demographic segmentation.
B. mass marketing.
500
Which of the following characteristics is descriptive of a meaningful company objective: A. Measurable B. Vague C. General D. Unlimited
A. Measurable
500
Fill in the blanks: __________ in the class room; _________ in the hallway
What is Lion / Lamb