BARU
Ukuran huruf
Lembar kerjaPOB Graded work 2: Establishing a business
Total soal: 14
Worksheet time: 2hrs 20mins
Which of the following are reasons for starting a business?
The desire for financial independence
Self-fulfillment
Self-actualization
To increase your income
All of the above
Acquisition of funds may come from?
Personal savings
Borrowing from friends and family
Borrowing from financial institutions
Investors
All of the above
Ashley is the owner of her bakery. She is the person that bears all risks and combines the factors of production efficiently and effectively with hopes of making a profit. She is a/an
manager
supervisor
counsellor
entrepreneur
The functions of an entrepreneur include
I accessing funds and organizing the business
II completing tasks given by the government
III operating and evaluating the business’ performance
I only
I and II only
I and III only
II and III only
The characteristics displayed by an entrepreneur in determining goals and objectives of the business, setting targets and ways for accomplishing those targets are referred to as
Planning for the business
Conceptualizing the business
Operating the business
Evaluating the business
Which is not a personal characteristic of the entrepreneur?
Innovative
Inflexible
Persistent
Persevering
From the answers given below, which provides a list of ONLY entrepreneurial characteristics?
Flexible, Creative, and lazy
Risk-taker, innovative and flexible
Creative, goal-oriented, and non-risk taker
Inconsistent, innovative and goal-oriented
The process of utilizing resources to create goods and services by assuming risk to satisfy consumers' needs is known as:
Entrepreneur
Business
Entrepreneurship
Production
Money that is used to start your business is called:
Financing
Capital
Funds
revenue
Evaluating a business performance includes all of the following EXCEPT:
Conceptualizing the business idea
Comparing customer numbers and feedback
Comparing productivity levels
Comparing average delivery times
All of the following are elements of marketing plan EXCEPT:
Market share
Promotional activities
Marketing strategy
Financial Analysis
All of the following are likely to form part of a business plan for a new computer retail business EXCEPT:
Executive Summary
Marketing Plan
Production Plan
Financial Plan
The first step in the process of decision-making in establishing a business is
Planning
Conceptualizing
Accessing funds
Identifying resources
What is the correct order of the following steps for establishing a business?
i, v, iv, ii, iii, vi
vi, v, iii, i, iv, ii
i, vi, iv, v, iii, ii
i, iii, iv, v, iv, ii
