Entrepreneur Test

Which of the undermentioned is classified advertisement as an entrepreneur?A bus in a large association A financial manager in a abject firm An proprietor-manager who bought extinct the founder of a firm A salaried technician in a rapidly-growing sophisticated firmAttract more attention and make more headlines in the media. are not as important to the well-being of society. are exceedingly visible. One glaring example of sorry ethics practiced by small professiones in general is lack of pollution controls. untruthful labeling of crossroads.lack of loyalty to employees. duplicitous reporting of income and expenses for income tax purposes.Different types of small line of reasoning ownership opportunities include all of the following except inaugurations. bailouts. family businesses. certifys. The live of a franchise may include royalty payments. lofty executive salaries. a one-time federal franchise tax. higher-than-usual labor costs. In a family business, the intere sts of the family and the interests of the business are best described as overlapping. conflicting. coinciding. having no relationship with each former(a). create verbally a business plan should be thought of asthe means to an remove product. an ongoing process. an absolute essential to the startup of businesses. a mental exercise.A firms marketing mix consists of _____ activities. pricing, promotion, and diffusion product, pricing, and promotion product, promotion, and distribution product, pricing, promotion, and distribution A disadvantage of a mend proprietorship is the complexity of the organization the cost of starting the business. the lack of limits on face-to-face liability. the difficulty of distribution. Which of the following is not an environmental condition affecting selection of a business location?CompetitionWeather and climate Laws and regulations rude(a) material availability Assets that are comparatively liquid are classified as current assets. fixed assets . short-term assets. other assets. Typical venture capitalists invest more or less ____ of their investment in later-stage businesses. one-fourth one-half three-fourths nearly all some customer service problems are set by personal observation. outside consultants. customer complaints. entries in a suggestion box. In general, products that are consumed in fixed amounts eat up in stretch demand. constant demand. versatile demand. elastic demand.Which of the following does not describe a method of determining promotional expenditures? coordinated industry forecasts Spending as oft as the competition What can be spared What it will take to do the prank Marcia Mendez, who runs a drapery business, has groups of employees who roleplay in production and in installation. If she decides to use work teams as part of her leadership approach, she moldiness increase supervision. compensation. independence. quality. Which of the following is a jural basis for selecting employees? Gender Age schooling Disabilities An inspection plan that judges products as acceptable or unacceptable, good or bad, is known asa blow percent inspection plan. an attribute inspection. a variable inspection. an inspection sampling plan.The owner of a small manufacturing plant wants inspectors to entertain the width and length of a product (within specified tolerances) during the production process. This calls for an attribute inspection. a work sampling inspection. a coulomb percent inspection plan. a variable inspection. An analysis of which of the following records facilitates maintenance of fitted stock levels? Accounts payable records Accounts receivable records specie records Inventory records