Entrepreneurship and Business Concepts

Why is cash flow important in business?

• It calculates only annual profits

• It helps determine the profitability of operations

• It tracks employee performance

• It shows if a business is gaining customers

What is one of the key factors to consider when selecting a business idea?

• Amount of capital

• Availability of employees

• Avoiding product development

• Ignoring market competition

What materials can create new accessory items through recycling?

• Freshly bought fabrics

• Metal and stone

• Only glass beads

• Recycled clothes, belts, and newspapers

Why are entrepreneurs considered innovative?

• They constantly develop the same idea to perfection.

• They stick to one style and avoid trying new things.

• They are always looking for better ways to do things and improve ideas.

• They avoid taking risks when experimenting with new ideas.

What do 'opportunities' and 'threats' refer to in SWOT analysis?

• Strengths and weaknesses within a business

• Personal traits and behaviors of the entrepreneur

• Internal issues that must be addressed for success

• External factors that affect business goals

What can cash flow projections help a business owner determine?

• How much cash is needed to run the business during a specific period

• The exact profits at the end of the year

• The amount of assets the business needs to acquire

• Whether the business should reduce staff

What is the primary function of footwear as a fashion accessory?

• To complement jewelry

• To serve as both a functional and stylish item

• To replace handbags in modern fashion

• To serve purely decorative purposes

What is the first step in tying an overhand knot?

• Cross the left end of the thread over the right end

• Cross the right end of the thread over the left end

• Pull the thread through the bead

• Wrap the thread around the pliers

What is the result of pulling both ends of the thread tightly after crossing them when tying an overhand knot?

• A loop is created for adding beads

• The thread becomes loose and ready for adjustment

• The thread forms a loop for hanging

• The knot is tightened and secured

A company plans to purchase new equipment costing 10,000, but their current cash flow projection shows they only have 6,000 available. What should the company do to cover the shortfall?

• Delay the purchase until cash flow improves

• Increase their revenue by 4,000

• Purchase the equipment and incur a debt for 4,000

• Reduce their expenses by 4,000