BEP Exam Prep #1

Front

After analysis that determines you aren’t able to offer a LARGE menu, what would you do instead?

Back

Promote something else that you do well

Front

After a self-assessment that indicates you are not as outgoing as might be helpful for your business, what might you do? Options: Be disciplined. Stay focused on deadlines and ensure that products are delivered on time. Be creative. Expand product line. Partner with someone who is more outgoing and able to promote your product. Be determined. Refuse to quit despite this obstacle.

Back

Partner with someone who is more outgoing and able to promote your product.

Front

If you find that your competitors have expensive pricing, what should you do to attract customers?

Back

Offer lower prices

Front

If traffic is bad in a city and you want to open a store in a rural part of town so people can avoid the traffic, what should you emphasize when marketing?

Back

Convenient location

Front

What is the greatest risk of entrepreneurship?

Back

Loss of investment

Front

If you find that your salary is lower than the industry average and you decide to start your own business because of this, which reward are you most interested in gaining?

Back

Creating greater wealth

Front

What business opportunity has the lowest risk of failure? Options: Buy an independent business, Buy a franchise, Start a new business, Become an inventor

Back

Buy an independent business

Front

Which Market segmentation includes people’s interests and hobbies?

Back

Psychographics

Front

If senior citizens often need urgent handyman repairs at nights and on holidays, what would you provide customers to support your value proposition?

Back

A flyer that shows team members and tells how they are available to help day and night every day.

Front

If parents want their children to have a healthy lifestyle while at summer camp, what is a legitimate value proposition for potential customers?

Back

Serve fresh, organic meals and nutritious snacks.