P9 Global Business Final Exam Practice Test

Front

Can anyone start a business?

Back

True

Front

Do you need business experience to create an idea and start a business?

Back

False

Front

Are there three main categories in which business ideas come from?

Back

True

Front

Is identifying your target market one of the most important aspects of starting a business?

Back

True

Front

An example of demographics are what/how you feel about a product or service.

Back

False

Front

The S in SWOT analysis stands for “Sturdiness”.

Back

False

Front

If you want your business to grow, you need to spend millions of dollars in marketing.

Back

False

Front

Overestimating expenses is a critical mistake when projecting financials.

Back

False

Front

Is there a way for a new business to be successful without investors?

Back

False

Front

Valuation is the process of determining the worth of an asset or company.

Back

True