Fbla marketing 2025 - Study guides, Class notes & Summaries

FBLA Introduction to Business exam | Questions and Correct Solutions | latest Update 2024/2025 | Graded A+ One of the disadvantages of having a partnership is - Answer -unlimited liability An organization that is owned and operated by its members is a ______ - Answer -cooperative A contractual agreement to use the name and sell the products or services of a company in a designated geographic area is called a ______ . - Answer -franchise If one of your goals is to limit your personal l...

Most startup companies can expect to need _____ capital than they anticipate. - ANSWER More The primary cause of small business failures is: - ANSWER Management Mistakes Entrepreneurs tend to be overly ______ and misjudge the ______ requirements to start a new business. - ANSWER Optimistic; Financial The ability to develop new ideas is known as: - ANSWER Creativity Which one of the following is usually included on the cover page of the business plan? - ANSWER Disclaimer Which one of the ...