The document contains 25 multiple choice questions related to entrepreneurship concepts like key performance indicators, competitive intelligence, industry analysis, organizational feasibility analysis, product/service feasibility analysis, and management team structure. The questions assess understanding of terms and factors important for starting a new business venture such as risks, motivation of entrepreneurs, and audiences of a business plan.
The document contains 25 multiple choice questions related to entrepreneurship concepts like key performance indicators, competitive intelligence, industry analysis, organizational feasibility analysis, product/service feasibility analysis, and management team structure. The questions assess understanding of terms and factors important for starting a new business venture such as risks, motivation of entrepreneurs, and audiences of a business plan.
The document contains 25 multiple choice questions related to entrepreneurship concepts like key performance indicators, competitive intelligence, industry analysis, organizational feasibility analysis, product/service feasibility analysis, and management team structure. The questions assess understanding of terms and factors important for starting a new business venture such as risks, motivation of entrepreneurs, and audiences of a business plan.
The document contains 25 multiple choice questions related to entrepreneurship concepts like key performance indicators, competitive intelligence, industry analysis, organizational feasibility analysis, product/service feasibility analysis, and management team structure. The questions assess understanding of terms and factors important for starting a new business venture such as risks, motivation of entrepreneurs, and audiences of a business plan.
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Question 2
Key performance indicators are associated with
Selected Performance metter Answer: Question 3 Competitors information in an Entrepreneurship journey can be obtained from Selected Intelligence reports Answer:
Question 4 ___________ helps in ascertaining the viability of any buisness idea. Selected Industry analysis Answer: Question 5 Information gather to learn about competitors is referred to as ______________. Selected competitive intelligence Answer:
Question 6 ___________ refers to projections for expected performance in future periods. Selected none of the above Answer: Question 7 "Conducted to determine whether a proposed business has sufficient management expertise, organizational competence, and resources to successfully launch" Selected Organizational feasibility analysis Answer:
Question 8 An individual who is involved in existing business is called Selected Entrepreneur Answer: Question 9 The following factors leads to venture failure Selected All of the above Answer:
Question 10 A group of firms producing a similar product or service. Selected Industry Answer: Question 11 An entrepreneur must ensure Selected Production stages Answer: Question 12 An assessment of the overall appeal of the business offering when launching a new business venture would fall under ___________. Selected product/service feasibility analysis Answer: Question 13 Entrepreneurs are Selected All of the above Answer:
Question 14 There is always a risk associated with a new business venture Selected True Answer: Question 15 "For many investors, ______________ section of a business plan is critical and is usually given higher importance than other sections." Selected Management team and company structurec Answer:
Question 16 short overview of the entire business plan Selected Executive summary Answer: Question 17 An assessment of the overall appeal of the industry and the target market for the product or service being proposed. Selected Product/ Service feasibility analysis Answer:
Question 18 Entrepreneurs are always motivated by Selected All of the above Answer: Question 19 An entrepreneur's initial pass at determining the feasibility of a business idea. Selected Feasibility analysis template Answer:
Question 20 An assessment of the overall appeal of the product or service being proposed. Selected Product/ Service feasibility analysis Answer: Question 21 "The two primary audiences for a firm's business plan include, ___________, investors and and external stakeholders." Selected Employees Answer: Question 22
Section where strength of the people starting the firm can be assessed contains: Board of directors, advisers, organizational chart
Selected b. Answer: Management team and company structure
Question 23 Entrepreneurship plays an important role in Selected All of the above Answer: Question 24 " Probes data that is already collected. The data generally includes industry studies, Census Bureau data, analyst forecasts etc" Selected secondary research Answer:
Question 25 Many entrepreneurs suffer from _______________ which refers to their ability to falter due to lack of track record with outside buyers and suppliers. Selected none of the above Answer:
