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Small Business Management and Entrepreneurship
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Small Business Management

Business

Quiz 2 :
Small Business Management and Entrepreneurship

Quiz 2 :
Small Business Management and Entrepreneurship

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What type of agreement allows a person the right to produce a product with permission of the intellectual property owner?
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Answer:

D

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In a six-stage model of innovation development, testing extends to refining the produce design and identifying production options at which stage?
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Answer:

B

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The building of prototypes occurs in which stage of the six-stage model of innovation?
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Answer:

C

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One barrier to innovation in small business is ______.
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Rubin's day-to-day job as a business owner involves identifying opportunities for which marketable ideas exist and assuming the risk to make these ideas happen. Rubin can best be described as a/an ______.
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Jasper has developed a concept for a start-up company that involves developing a new process for priming and painting automobile panels. Based on this example, Jasper is focusing on which entrepreneurial behavior?
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Which of the following behaviors was not cited as being included in most definitions of an entrepreneur?
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A small business manager faces which of the following environmental forces?
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______ is the entrepreneurial behavior that involves the expectation of high levels of growth or profit.
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Entrepreneurship primarily involves which phase of business?
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The entrepreneurial process in the start-up process model begins with ______.
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The entrepreneurship process begins with ______.
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Sue Pallen is a partner in a cake-decorating company. Her role within the company is to identify new markets for growth and sustaining the company's long-term financial health by maintaining all financial records. As such, Sue can best be described as a/an ______.
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The time span for the innovation phase may be ______.
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The phase of implementation in the entrepreneurial process involves all but which of the following?
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Which of the following is the key element needed to bring the entrepreneurial idea to reality during the implementation stage?
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When does the entrepreneurship stage end and the small business management stage begin?
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Which stage of the start-up process is characterized by relative certainty that the business will survive?
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The stage in the start-up process model in which the small business owner removes himself/herself from the business is which of the following?
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In the growth stage of the start-up process model, what is the primary goal of the small business?
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