Quiz 2 (20%)

All are the typical structure for a business plan except

• Executive summary

• Financial Plan

• Operational Plan

• Borrowing Plan

Entrepreneurship contributes to:

• Economic growth

• Employment opportunities

• Career alternatives for women and minorities

• All of the above

Self-discovery which is one of the process of entrepreneurship means

• Learning what you enjoy doing

• Examining your strength and weaknesses

• Examining work experience and relating it to potential

• All of the above

All are opportunities except

• Needs

• Wants

• Problems & Challenges

• Solutions

All are raw materials for generating good ideas except

• Experiences

• Observations

• Feeling and other stimuli

• Inheritance

To meet the goals, the entrepreneur may develop a plan such as

• Business Plan

• Building Plan

• Family Plan

• Town Plan

All are the process of entrepreneurship except

• Planning

• Raising Start-up capital

• Growth

• Education

The "bank of Dad and Mom" is not a source of capital

• True

• False

An entrepreneur tends to be passionate about achieving his goal

• True

• False

The business plan declares the following except

• Vision

• Strategy

• Human resources

• Borrower