BA109 EXAM BUNDLE(COMPLETE PACKAGE)

Successful entrepreneurs come up with ideas and then find ways to make them work to solve a problem or fill a need. T/F? - ANSWER-True The right brain relies on kaleidoscopic, lateral thinking. T/F? - ANSWER-True All of the following represent barriers to creativity that entrepreneurs impose u...

Within five years, _____ percent of businesses will fail. - ANSWER-51 An entrepreneur is one who: --is willing to attempt to implement a business concept and then give up if it does not meet immediate expectations. -- understands the process of developing an idea and does not need to understand...

A business should provide the owner with a reasonable rate of return based upon: - ANSWER-the time and money invested in the business. An excessively high average payable period ratio indicates the possibility of the presence of a significant amount of past-due accounts payable. - ANSWER-True ...

A company that pays a search engine for the right to submit either selected pages or the entire content of the Web site is referred to as: - ANSWER-paid or sponsored listings. Establishing a policy of responding to all customer e-mails within 24 hours and sending customers order and shipping conf...

A company that pays a search engine for the right to submit either selected pages or the entire content of the Web site is referred to as: - ANSWER-paid or sponsored listings. Establishing a policy of responding to all customer e-mails within 24 hours and sending customers order and shipping conf...

The specific group of customers at whom a company aims its goods and services is its target market. - ANSWER-True Since front-line service workers are not able to predict the causes of customer complaints, managers must be the ones to identify potential customer service problems. - ANSWER-False ...

The due diligence process in analyzing and evaluating an existing business can be just as time consuming as the development of a comprehensive business plan for a start-up. - ANSWER-True Goodwill is the difference between an established successful business and one that has yet to prove itself. - ...

The due diligence process in analyzing and evaluating an existing business can be just as time consuming as the development of a comprehensive business plan for a start-up. - ANSWER-True Goodwill is the difference between an established successful business and one that has yet to prove itself. - ...

A significant advantage a franchisee has over an independent business is the participation in the franchisor's ________ largely due to the ________ the franchise offers. - ANSWER-centralized buying power: economies of scale A franchise is a system of distribution in which semi-independent busine...

Acme Corporation is chartered in Delaware, but its primary area of operation is in South Carolina. In South Carolina, Acme would be considered a(n) ________ corporation. - ANSWER-foreign T/F State law requires that individuals creating a partnership file the Articles of Partnership with the secre...

T/F Failure is an important part of the creative process, as it provides a chance to learn how to succeed. - ANSWER-True T/F Although creativity sometimes involves generating something from nothing, it more likely results in elaborating on the present, putting old things together in new ways, or ...

Which of the following statements about women-owned businesses is false? - ANSWER-The survival rate of women-owned businesses is much lower than that of U.S. businesses overall. T/F About 75 percent of the businesses in the U.S. can be considered "small" businesses. - ANSWER-False Entreprene...

Which of the following statements about women-owned businesses is false? - ANSWER-The survival rate of women-owned businesses is much lower than that of U.S. businesses overall. T/F About 75 percent of the businesses in the U.S. can be considered "small" businesses. - ANSWER-False Entreprene...

Entrepreneurs choose to enter their particular business fields because they have an interest in them and enjoy those lines of work. They have often made their hobbies their business. - ANSWER-True Women in business still experience ________ as they attempt to break the "glass ceiling." - ANSWER...