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Test Bank for Business Plan Business Reality Starting and Managing Your Own Business in Canada 4th Edition Skinner $15.49
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Test Bank for Business Plan Business Reality Starting and Managing Your Own Business in Canada 4th Edition Skinner
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Test Bank for Business Plan Business Reality Starting and Managing Your Own Business in Canada 4th Edition Skinner

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  • January 9, 2025
  • 5
  • 2024/2025
  • Exam (elaborations)
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  • test bank for business plan business reality start

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TEST BANK FOR BUSINESS PLAN
BUSINESS REALITY STARTING
AND MANAGING YOUR OWN
BUSINESS IN CANADA 4TH
EDITION SKINNER

, Business Plan Business Reality Starting and Managing Your Own Business in Canada 4th Edit

Test Questions for Skinner, Business Plan, Business Reality, 4e


CHAPTER 1 TEST BANK
A) MULTIPLE CHOICE

Select the "most correct" option:


1. Compared to willing entrepreneurs, “reluctant” entrepreneurs:
a. are more likely to be successful in starting a business.
b. are less likely to be successful in starting a business.
c. have the same success rates.
d. are more likely to abandon the process of starting a business.

2. Academics tend to define “small business” as having fewer than:
a. 5 employees.
b. 10 employees.
c. 100 employees.
d. 500 employees.

3. Writing a Business Plan is largely a process of:
a. step-by-step construction.
b. revision and rewriting.
c. getting others to write the plan.
d. finding the right format.


4. Entrepreneurship is best defined as:
a. gambling.
b. risking money to make profit.
c. innovation.
d. the management of people.

5. "Junk research":
a. is based on flawed logic or poor scientific method.
b. is research conducted by non-academics.
c. is totally valid, even though it is not recognized by the research community.
d. is the rigorous study of entrepreneurs.

6. Entrepreneurs in Canada tend to work:
a. fewer hours than employed people.
b. about the same number of hours as employed people.
c. more hours than employed people.
d. there is no information on who works more hours.

7. The more specialized that a business is, the more likely it is to:
a. make money.

Copyright © 2015 Pearson Canada Inc. 1-1



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