entrpreneurship

According to Greg Bazar, which of the following should an entrepreneur expect from his or her job?

• Taking complete responsibilities of a business

• Creating original marketing plans

• Developing a solid financial plan

• Working together with other staff

Which of the following did Greg Bazar NOT mention as one of the daily responsibilities of an entrepreneur?

• Developing and executing business plans

• Making sure the financial health of the company is good

• Giving solutions to every problem

• Making sure customers’ needs are satisfied

According to Greg Bazar, which of the following is a challenge of an entrepreneur?

• Finding a balance between work and family

• Coming up with creative ideas

• Building a solid business model

• Leading a winning team

According to Greg Bazar, one should go back to school after leaving the industry after how long?

• 14 months

• 18 months

• 2 years

• 3 years

According to Greg Bazar, which of the following should an entrepreneur NOT do?

• Update his or her knowledge in the field

• Create a comfortable work environment for the employees

• Develop and execute business plans

• Take “no” as an answer

What is the first and primary question you should ask yourself before starting a small business?

• Am I business savvy

• Where will I get the money

• Where should my business be located

• Do I have what it takes

According to the segment, which of the following is NOT a question asked in the strategy and development process?

• Who will the business serve

• What is the businesses vision and mission

• Where will we buy equipment

• How is the brand going to be developed

When starting a new business, you should be prepared for which of the following?

• Six-hour workdays four to five days each week

• Eight-hour workdays five to six days each week

• Ten-hour workdays five to six days each week

• Twelve-hour workdays six to seven days each week

Money needed to expand for additional inventory, equipment, marketing cost, employees, etc. is known as which of the following?

• Market analysis

• Market analysis

• Marketing

• Expansion capital

According to the segment, which of the following was NOT an issue in taking over a business?

Responses

• Market share

• Discretion

• Selling price

• Financing