Small Business Management

Business

Quiz 7 :

Starting a New Business

Quiz 7 :

Starting a New Business

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Most fast-growth companies are started by ______.
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Answer:

B

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The primary advantages of operating a home-based business are which of the following?
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Answer:

D

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Wanda has dreams of opening her own pet shop called "Wanda's Aquarium". Aside from think of a name and how her store will look, she has done very little planning at this very early stage. All she currently has is ______.
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D

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Years before the regular use of iPads and tablet computers, the concept of portable, pen-based computers was introduced. However, Go Computers sold only 20,000 units and lasted only three years. This is an example of an idea that ______.
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No matter what type of business a person is starting, the most important resource is ______.
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Many ideas for new products or businesses do not add value for the customer or user and consequently are not ______.
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Service businesses are more ______.
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Which of the following increases when beginning a new business rather than buying an existing business?
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Which of the following is likely to be the most capital intensive?
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The most common exit strategy for fast-growth businesses is ______.
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Go Computers is an example of ______.
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E-commerce accounts for approximately what percentage of total retail sales?
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A business that depends greatly on equipment and capital for its operations is known as ______.
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In the beginning of a new business, the only thing the new business person has is ______.
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Most high-growth firms are in which industry?
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A business that is more dependent on the services of people than on money and equipment is known as ______.
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The risk of failure is greater with ______.
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Manufacturing businesses are more ______.
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A majority of high-growth CEOs had at least ______ years of experience in the industry.
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Which of the following has the qualities of being attractive, durable, and timely and is anchored in a product or service that creates or adds value for its buyer?
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