Practice 07

A(n) ________________ is a key source of start-up funding for entrepreneurs that come from their own savings.

• angel investor
• bootstrapping
• crowdfunding
• incubators

A(n) ________________ is an online method of fundraising for a new business.

• angel investor
• bootstrapping
• crowdfunding
• incubators

A(n) ________________ is an individual that will invest in a start up business in exchange for equity.

• angel investor
• bootstrapping
• crowdfunding
• incubators

A(n) ________________ program that provides support to new start-ups.

• angel investor
• bootstrapping
• crowdfunding
• incubator

Prospecting is the ________ step of the sales process.

• First
• Second
• Third
• Fourth

Preparation is the ________ step of the sales process.

• First
• Second
• Third
• Fourth

Approach is the ________ step of the sales process.

• First
• Second
• Third
• Fourth

Presentation is the ________ step of the sales process.

• First
• Second
• Third
• Fourth

You have received a SWOT Analysis report for your company. Which of the following would be considered an opportunity?

• Few competitors in your area
• Characteristics that make you different
• New competitors
• Things competitors do right

Which is a part of customer acquisition costs?

• Tax Expenses
• Material Expenses
• Lease Expenses
• Sales Expenses