Which of the following statements is true regarding training for entrepreneurial ventures:

C.The type of training and education that entrepreneurs need depends on the nature of the start-up business.

A. Once entrepreneurs are educated or trained in their business field, they rarely need further education.

B. Most successful entrepreneurs have degrees from four-year colleges or universities.

D. Most entrepreneurs must pass state-mandated exams to operate their business.

Governments can encourage entrepreneurial development by

B. deregulating and reducing taxes.

A. increasing interest rates on loans.

C. establishing higher ethical standards.

D. passing more legislation with strict guidelines

Entrepreneurs often discover business start-up ideas by looking for gaps between what is currently being done and.

C. when changes were last made.

What is a trend that affects the growth of entrepreneurial ventures?

C. A higher demand for more convenience products

A. A rise in consumers' desire for slow-response times

B. The shift to an agricultural-based society

D. The reduced need for health care and related services

16.Which of the following sources of start-up information would you recommend to an entrepreneur looking for information about the average start-up and operation costs for a self-serve laundromat:

B. Coin laundry trade association

A. Service Corps of Retired Executives

D. Small business administration

17. A reliable source of general business start-up information is

C. the Small Business Administration (www.sba.gov).

A. Wikipedia (www.wikipedia.org/wiki/Entrepreneurship).

B. the Project Management Institute (www.pmi.org).

D. the National Retail Federation (www.nrf.com).

18.Which of the following is an example of a written business inquiry:

B. An e-mail requesting vendor pricing and discounts

A memo outlining an upcoming meeting agenda

C. A form describing an employee's performance review

D. A report summarizing annual financial information

20.When writing a letter of inquiry, when should you identify the purpose of your letter?

A. At the beginning of the letter

B. After describing your company

C. Once the recipient has agreed to meet with you

D. After identifying what prompted your inquiry (such as advertisement)

Entrepreneurship 1 Standard 1.01-1.04

Authored by Alice Christian

Business

KG - 12th Grade

Used 661+ times

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20 questions

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MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Small businesses have a positive effect on the local community because they:

A. reduce competition.

B. pay taxes.

C. limit job growth.

D. charge interest.2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main reasons why small businesses are strongly promoted and supported by local government?

A. They serve only their local communities.

B. They are owned by one person.

C. They may become a big business.

D. They are important to the economy.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following statements is most likely to have a negative effect on domestic small-business growth:

A. Involuntary tax reductions

B. Restrictive loan policies

C. Low interest rates

D. Slow inflation

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following statements is true about entrepreneurship and small business growth:NCCTE.9_12.SH.ME11.1.01RBT:..

A. Trade regulations have very little effect on small-business growth

B. Many people start entrepreneurial ventures during times of economic recession.

C. Small business start-ups are taxed at a higher rate than multinational companies

D. Consumer spending is a primary factor that influences entrepreneurial success.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Even when times are tough for Caitlin's business venture, she tends to remain positive- she looks at the glassas half full rather than half empty. What characteristic of entrepreneurship is Caitlin exhibiting?

A. Organization

B. Optimism

C. Innovation

D. Determination

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Home-based businesses are attractive to many people because the businesses generally.

A. yield higher profit margins

B. provide owners a steady income.

C. have lower start-up costs.

D. require less technical training.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Successful entrepreneurs enjoy their work and often start their businesses so that they can share theirinterests and enthusiasm with others. In other words, successful entrepreneurs have __________ what they do.

A. reservations about

B. concerns about

C. apathy for

D. passion for

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Entrepreneurship 1 Standard 1.01-1.04

Small businesses have a positive effect on the local community because they:

What is one of the main reasons why small businesses are strongly promoted and supported by local government?

Which of the following statements is most likely to have a negative effect on domestic small-business growth:

Which of the following statements is true about entrepreneurship and small business growth:NCCTE.9_12.SH.ME11.1.01RBT:..

Even when times are tough for Caitlin's business venture, she tends to remain positive- she looks at the glassas half full rather than half empty. What characteristic of entrepreneurship is Caitlin exhibiting?

Home-based businesses are attractive to many people because the businesses generally.

Successful entrepreneurs enjoy their work and often start their businesses so that they can share theirinterests and enthusiasm with others. In other words, successful entrepreneurs have __________ what they do.

Which of the following is a financial concern that entrepreneurs often face when starting new businesses:

Which of the following statements is true regarding training for entrepreneurial ventures:

What behavior is exhibited when an individual recognizes the possibility of an undesirable outcome and continues to work toward a goal?

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