Q1_Gr8_ICT

Which improvement is needed when your employees are facing trouble and stress with their colleagues? 

• Cooperation

• Conflict Resolution

• Customer Service

• Communication

The following are the entrepreneurial competencies according to McClelland and McBer except:

• Sees and Acts on Opportunities

   

• Problem Solving

• Initiative and Persistence

• Over Confidence

Which lifestyle of an entrepreneur is described when he always sticks to the plan and fight the temptation to do what is unimportant?

• Disciplined

   

• Hardworking

• Creative

• Committed

In improving your employees, encourage them to create a daily schedule of the priorities that they need to focus on. When you and your employees are organized, you will know what needs to be done to get the task accomplished.

• Undecided

• False

• True

• Don’t know

 This part of a business plan is where you briefly tell the reader what your company is, and it includes your mission statement, products/services and basic information about the company’s team, employees, and location. 

• Marketing and Sales

• Executive Summary

• Financial Projections

• Market Analysis

A good _____________________ guides you through each stage of starting and managing your business. You will use this as a roadmap for how to structure, run, and grow your new business. It’s a way to think through the key elements of your business.

• Accomplishment Chart

• Action Plan

• Vicinity Map

• Business Plan

What are the two common categories of business plan?

• Comprehensive Business Plan and Traditional Business Plan

• Traditional Business Plan and Lean Startup Lesson Plan

• Detailed Business Plan and Semi-Detailed Business Plan

• Flexible Business Plan and Stable Business Plan

In identifying the areas for improvement, which of the following statements is false?

• Feedback and constructive criticism are a critical component of improving the way your employees work

• Good customer service is the cornerstone of every great business.

• Time management is not crucial to your business’s success.

• Effective listening -not just hearing – is essential for communication and the success for your business.

 ______________________ means working diligently and being consistent about it. These kinds of entrepreneurs keep improving their performances to produce good products and good services. 

• Disciplined

• Committed

• Hardworking

• Creative

In learning new skills, it stimulates thinking and creativity and increases the employee’s _______________ to your business.

*

• attitude

• liability

• changes

• value