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WorksheetsBusiness Entrepreneurship - FINAL EXAM
Total questions: 15
Worksheet time: 9mins
The cover letter excerpt below marks a shift from:
"I speak three different languages and I think this unique ability will help me to succeed as a teacher. I've also worked with young people at summer camps for the past six years.
Thank you for reading this application; I would be grateful for the opportunity to discuss my qualifications with you face to face at a date and time of your choosing."
compliment to conclusion
credibility to compliment
connection to credibility
credibility to conclusion
Which of the following is an example of an entrepreneurial trait?
dishonest
unreliable
discipline
wholesale
Which of the following is an entrepreneurial requirement?
flexibility in order to successfully complete a variety of activities
a Master's Degree
start work at sunrise
be a Harvard graduate
If a cover letter applicant states that they "admire" someone/something, this is most likely a:
connection
compliment
way of establishing credibility
conclusion
In a cover letter, information about an applicant's education:
establishes credibility
compliments the employer
connects with the employer
concludes with class
Which of the following activities, in addition to tracking time use on Mondays, Tuesdays, and Wednesdays, would best improve a student’s time management?
Adding notes to indicate specific assignments to complete during FLEX/WIN.
Highlighting completed tasks.
Color coding each cell by activity type.
All of the above
Which of the following is a competitive advantage?
superior customer service and product quality
retail
advertising
improving an existing product/service
Demographics
objective social and economic facts about people
basing market segments on where consumers live
characteristics of consumers, such as attitudes, opinions, beliefs, interests, personality, lifestyle, political affiliation, and personal preferences
a company who sells to other companies
Which of the following is not a promotional element?
advertising
sales promotion
publicity
price
Which of the following is an example of a price objective and price strategy?
Build or Maintain an Image (Objective), Competition-Based Pricing (Strategy)
Wholesale (Objective) and Manufacturing (Strategy)
Advertising (Objective) and Public Relations (Strategy)
Demand-Based Pricing (Objective), Maximize Profits (Strategy)
“The target consumer will be interested in health and wellness seminars, and other special events” refers to which form of market segmentation?
demographics
geographics
psychographics
buying patterns
Discounts are an example of which type of promotion?
advertising
sales promotion
publicity
visual merchandising
promotional/loyalty items like bumper stickers and t-shirts are examples of:
advertising
personal selling
public relations
visual merchandising
A business opportunity is feasible if it:
is a service, wholesale, and retail business all in one.
serves a want or need and has commercial potential.
trades stock on the stock market.
can be financed entirely by bootstrapping.
What is the annual sales estimate calculation?
number of sales x number of customers x number of employees
number of customers x number of purchases per customer x average cost per purchase
total sales - total expenditures x number of purchases
number of sales x number of employees x average number of days worked
