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15 questions
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  • Q1

    This is the stage in which the entrepreneur identifies and acquires the financial, human, and capital resources needed for the venture startup, etc.

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    45s
  • Q2

    This is the stage in which the entrepreneur operates the business and utilizes resources to achieve its goals / objectives

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    45s
  • Q3

    It is a detailed proposal that describes a new business.

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    45s
  • Q4

    A Brief one to two page description of the key points of each section of the business plan

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    45s
  • Q5

    The fourth P in the marketing mix where your product or service is actually sold

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    45s
  • Q6

    An official document giving someone authorization to run their business under the extension of the direction of the Local, State and Federal Laws.

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    45s
  • Q7

    It enforced contribution of funds to state revenue, levied by the government on workers' income and business profits or added to the cost of some goods,services, and transactions.

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    45s
  • Q8

    Protects a business’ name / logo.

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    45s
  • Q9

    Protects Creative Works: Literary, Musical, Dramatic, Artistic works

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    45s
  • Q10

    Presents plan for future expansion of the business

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    45s
  • Q11

    The following are included in the Steps of the Entrepreneurial Process EXCEPT:

    Harvesting

    Discovery

    Resourcing

    Goal Development

    45s
  • Q12

    The following are components of a Business Plan EXCEPT:

    Financial Plan

    Service Plan

    Managerial Plan 

    Marketing Plan

    45s
  • Q13

    The following are included in the 7Ps of Marketing EXCEPT:

    Price

    Product

    Person

    Promotion

    45s
  • Q14

    In analyzing your market, the following component must be taken into consideration EXCEPT:

    Industry

    Finance

    Demographic

    Competition

    45s
  • Q15

    Business Plans are made for the following objectives EXCEPT:

    Provides a start-up proposal

    Obtain Competitions

    Banks and Potential Lenders require a business plan

    Obtain Financing

    45s

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