Business entrepreneur - Study guides, Class notes & Summaries

BSM1501 Assignment 6 Semester 2 2023 Question 1 Not yet answered Marked out of 1.00 Flag question Question text What must a small business manager be able to do? a. Plan, organise, lead and control various business functions. b. Start his/her own enterprise. c. Take calculated risks. d. Identify new products or opportunities. Question 2 Not yet answered Marked out of 1.00 Flag question Question text What is the main advantage of a formal business? a. Not having to keep fi...

SMALL BUSINESS AND ENTREPRENEURS EXAM 1 2024/2025

Angel investors wealthy individuals who provide start up funding for entrepreneurs; capital provided may be a one time investment or an ongoing supply of money to carry through the difficult early stages Bartering trading what you can do for what you need; exchange of goods or services for other goods or services without using money Board of directors Governing body of an incorporated firm. Its members are elected normally by the subscribers (stockholders) of the firm (generally at an annu...

FBE2604 Assignment 2 (DISTINCTION ANSWERS) Semester 1 2024 -DISTINCTION GUARANTEED Answers, guidelines, workings and references..... Question 1 Zweli, an entrepreneur, wants to create a trust for the benefit of his two children, Sipho and Zonke. He approaches you for advice on the attributes of a trust, how a trust is created and what the two different types of trusts are. Advise Zweli on two attributes of a trust, the forms that a trust deed may take and what the two different types of trusts...

Test Bank For Entrepreneurship: The Practice and Mindset 1st Edition by Heidi M. Neck Christopher P. Neck ,Emma L. Murray Chapter 1: Entrepreneurship: A Global Social MovementTest Bank Multiple Choice 1. The authors define entrepreneurship as . a. a discipline that seeks to understand how opportunities are discovered, created, and exploited, by whom, and with what consequences b. starting a small business by finding investors and launching a product c. developing a new market by crea...

Chapter 03 - Evaluation of a Business Opportunity Multiple Choice Questions 1. The entrepreneurial process outlined in the text includes: A. management of the business. B. finding partners. C. developing a relationship with major competitors. D. developing quality of life goals. Difficulty: Medium Learning Objective: 03-01 List the four stages of the entrepreneurial process. Topic: 03-01 Entrepreneurial Process 2. All businesses start with: A. a large sum of funds. B. an idea. C. stron...

SMALL BUSINESS ENTREPRENEURSHIP FINAL EXAM 2024/2025

Test Bank for Marketing The Core 9th Edition By Kerin Complete All Chapters () Ben & Jerry's mission to make the world a better place is linked to various organizational and marketing strategies, one of which is A. supporting farmers who agree to use sustainable farming practices, implementing fair working standards, and investing in local communities. B. the intent of making modest profits without sacrificing high product quality standards. C. ingredients that are all completely organic and...

OCR GCSE Business Paper 1 Exam With 100% Correct Questions And Answers Business plan - Is a simple plan which sets out details on the product or service being sold, where the finance is to come from to start the business, how the product is to be marketed and the market research carried out. Finance - Finance is needed to start a business - maybe a loan or grant. Success - For a business can take many forms, including making a profit, surviving and providing a good service. Resources...

BSM1501 Assignment 3 Semester 2 2023 (Answers) QUESTIONS ASKED: Time left 0:24:24 Question 1 Answer saved Marked out of 1.00 Flag question Question text If an entrepreneur came to the conclusion that there was a need for a certain product or service in a specific area, the entrepreneur would have used _______ to generate the idea of an enterprise. a. other sources b. his/her skills, expertise and aptitudes c. common needs d. everyday activities Clear my choice Question 2 A...