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WorksheetsMarket Research - 2nd Level
Total questions: 14
Worksheet time: 5mins
Entrepreneurship is the process of
Starting a business
Starting a business and operating a business
Starting a business, operating a business, and growing a business
None of the above
Many entrepreneurs were influenced early in life by
teachers who thought they should be self-employed
recognition for scholastic achievement
entrepreneurial role models
the lack of opportunity for work experience
Your notes described 12 characteristics of an entrepreneur. Which one is not a characteristic?
Goal Oriented
Responible
Risk Taker
Long Hours
Riley is thinking about opening a business. Which of the following is NOT one of the forms of business organizations that she can structure himself as?
Sole proprietorship
Corporation
Partnership
Family-owned business
What form of business organization can own assets and borrow money without directly involving the people who own it and, therefore, is closely regulated by the government?
Corporation
Sole Proprietorship
Partnership
Family Owned Business
Zachary is a stockholder in an automobile manufacturing corporation. If the company should experience large financial losses, John would have ____________________ liability.
Limited
General
Full
Extended
Kyle wants to establish a business that is subject to the least amount of taxation and government regulation? Which type of business ownership will suit him the best?
Sole proprietorship
Corporation
Limited liability
Franchise
Terra owns 40% of the Jimmy Bar and Grill, and Temidayo owns 60%, what type of business is the Jimmy Bar and Grill?
general partnership
sole proprietorship
limited partnership
corporation
Melanie wants to open a clothing boutique but she has to consider several factors before she decides if it is a good choice. One thing she must consider is the ________, which force(s) companies to become more efficient to survive.
Competition
Products
Price
Capital
One reason that Entrepreneurs have unlimited opportunities to open a business in the U.S. is because of the economic choice afforded to them. Economic choice is about
Setting Goals
Choosing to own private property
Finding opportunity
Competition
The most cost effective form of primary research is called ______.
observation
focus group
primary data
secondary data
Tyler needs a system for generating, analyzing, and storing data about consumers, sales, and ads. Tyler should establish a
marketing information system
marketing integrative system
marketing ingenuity system
marketing intelligence system
Kellogg’s is interested in gathering a small number of consumers together to discuss their new breakfast bars’ taste, packaging, flavor choices, etc. What type of research method would be the best choice for them?
Focus group
Observation
Survey
Simulation
Samantha wants to send an electronic questionnaire to gather data. The questionnaire must be clearly written so that all respondents interpret the questions in the same way, thus ensuring questionnaire
Recognition
Relevance
Reliability
Remediation
