NURSING MISC /;MCADAM AND PARKINSON/; RATED A 1. Question: The commercialization of the results of technology combined with a social need is called . 2. Question: The earliest writings about eth ... ical concepts are attributed to . 3. Question: All of the following are skills needed by the entrepreneur, except . 4. Question: When would an entrepreneur be pronounced to have recovered from the grief of a lost business? 5. Question: In the loss-orientation process of grief recovery, when are painful memories likely to dominate most? 6. Question: Entrepreneurial management differs from traditional management in all of the following ways, except: 7. Question: In the light of commitment towards opportunities, traditional firms, unlike entrepreneurially managed firms, place considerable emphasis on . 8. Question: With reference to management structure, which following option is an example of an internal network for an entrepreneurially managed firm? 9. Question: The management structure of an entrepreneurially managed firm is . 10. Question: Authors or publishers of software are protected under . 11. Question: Trade secrets are protected: Points Received: 2 of 2 Comments: 12. Question: Licensing can be used by the entrepreneur to: 13. Question: The executive summary section should: Your Answer: Be prepared before the total plan is written Highlight key financial milestones that have been achieved Be about two to three pages in length CORRECT Try to summarize every section of the plan Points Received: 2 of 2 Comments: 14. Question: By controlling , the firm can ensure maximum service to the customer. Your Answer: Production Sales Inventory CORRECT Costs Points Received: 2 of 2 Comments: 15. Question: To assess the potential profitability of a venture, the entrepreneur needs to ascertain expected sales and expense figures for the first . Your Answer: Month Year CORRECT Quarter Three years Points Received: 2 of 2 Comments: 16. Question: Market segmentation is the process of: Your Answer: Dividing the market into smaller homogeneous groups CORRECT Describing market conditions Presenting future opportunities Exploring new market opportunities Points Received: 2 of 2 Comments: 17. Question: Manufacturer's representatives are marketing middlemen that: Your Answer: Are paid a commission when a sale is made CORRECT Take physical possession of the product Work exclusively for the entrepreneur Take title and physical possession of the product Points Received: 2 of 2 Comments: 18. Question: Business-to-business marketing involves: Your Answer: Sales to households for personal consumption A more direct channel of distribution than consumer markets CORRECT Selling products such as household furniture Selling products and services through certified representatives Points Received: 2 of 2 Comments: 19. Question: In a limited liability company: Your Answer: owners are called shareholders. INCORRECT members may transfer their interests at any time. members are not allowed to share income, profit, expense, deduction, loss and credit among themselves. laws governing its formation differ from state to state. CORRECT ANSWER Points Received: 0 of 2 Comments: 20. Question: To build a successful organization culture the entrepreneur: Your Answer: Should focus and not try out different things Needs to remember that it is easier to change a person's attitude than it is to change the person's behavior Should spend extra time in the hiring process CORRECT ANSWER Must create a workplace where communication from the top down is encouraged INCORRECT Points Received: 0 of 2 Comments: 21. Question: The basic balance sheet relationship is: Your Answer: Assets plus owner's equity equal liabilities Assets equal liabilities plus owner's equity CORRECT Assets plus liabilities equal owner's equity Assets equal owner's equity minus liabilities Points Received: 2 of 2 Comments: 22. Question: Which of the following would not be a current asset? Your Answer: Certificates of deposit that mature in six months Customer receivables Cash Supplier bills payable in thirty days CORRECT Points Received: 2 of 2 Comments: 23. Question: Profit from the business would be included on the balance sheet in which section? Your Answer: Assets Liabilities Owners equity CORRECT Assets or liabilities Points Received: 2 of 2 Comments: 24. Question: is the volume of sales needed to cover total variable and fixed costs. Your Answer: Cash flow Breakeven CORRECT Revenue Depreciation Points Received: 2 of 2 Comments: 25. Question: If the total fixed costs are $850,000, the sale price is $110 and the variable cost per unit is 25, what is the breakeven volume? Your Answer: 17,000 10,000 CORRECT 7,000 1,000 1. Question: Which of the following statement is (are) true? Your Answer: Most countries have laws and court p protecting intellectual property such a United States. Civil laws tend to be relatively nonsp Laws of a country regulate the man business transactions are executed. Global entrepreneurs cannot specify i that any contract disputes will be hear another country. 2. Question: It is a practice in some cultures to hug and even kiss when greeting a known business partner. What aspect of nonverbal language is being referred to in the above example? Your Answer: Time Business relationship Space Customs 3. Question: Which among the following influences whether customers are able to use the good or service properly and whether they are able to understand the firm's advertising or other promotional messages? Your Answer: Political philosophy Education Manners and customs Religion 4. Question: The free trade zone between the Americas, Argentina, Brazil, Paraguay, and Uruguay is . Your Answer: The Mercosul trade zone GATT NAFTA The European Community 5. Question: The North American Free Trade Agreement (NAFTA) is between which of the following countries? Your Answer: United States, Brazil, and Canada United States, Mexico, and Brazil United States, Argentina, and Brazil United States, Canada, and Mexico 6. Question: measures the total value of the goods and services produced annually by a country. Your Answer: Balance of trade Gross national product Purchasing power parity Consumer price index 7. Question: In emerging industries: Your Answer: Environmental factors do not affect c Entrepreneurs confront demand certai Environmental changes are highly l It is easier to respond effectively to su 8. Question: First movers face . Your Answer: Market rigidities Demand uncertainty Cost disadvantages High entry barriers 9. Question: By delaying entry, late movers: Your Answer: Can learn from the actions of first incurring the same costs Have less information about market d Secure the window of opportunity Can avoid high entry barriers 10. Question: Inventory control: Your Answer: Is not necessary for small firms Eliminates the need to carry inventor Balances the cost of carrying inven cost of lost sales Requires a computerized inventory sy 11. Question: A(n) is a system for storing and using customer information. Your Answer: Market grid Database Inventory Spreadsheet CORREC T 12. Question: Entrepreneurs who have the necessary abilities for the transition to more professional management practices and the aspiration to grow their business: Your Answer: Have little potential for firm growth Will achieve growth only if the entrep himself or herself with a professional Are the most likely to achieve grow Usually form life-style firms 13. Question: Market growth indicators generally center on . Your Answer: Population Types of companies Gross domestic product Market for a specific product 14. Question: Problems when collecting international secondary data are accuracy, availability, comparability, and . Your Answer: Legality Adaptability Relevance INCORRECT Cost CORRECT ANSWER 15. Question: McDonald's acquiring its store franchises is an example of a . Your Answer: Horizontal merger Market extension merger Vertical merger Product extension merger 16. Question: Which of the following is not one of the five C's of lending? Your Answer: Character Caution Conditions Capacity CORREC T 17. Question: In limited partnerships: Your Answer: The liability for any loss incurred is company There is no special tax benefit for par The sponsoring company acts as th partner The sponsoring company does not ret any base technology to develop other 18. Question: Most established R&D limited partnerships: Your Answer: Allow a minimum amount of equity Are successful Increase, to some extent, the risks inv venture Have weak financial statements due t capital 19. Question: When a company receives an SBIR grant, any patent rights and software generated belong to . Your Answer: The Federal Government The entrepreneur The Small Business Administration The bank securing the loan 20. Question: Private offerings: Your Answer: Must comply with Regulation D Involve more time and expense than Do not involve the SEC Are not a viable option for new ventu 21. Question: financing involves using any possible method for conserving cash. Your Answer: SBIR Bootstrapping CORREC T Private placement Floor planning 22. Question: Obtaining funds from private investors: Your Answer: Is inappropriate for new ventures Is a public offering Is covered by Regulation D Involves a great deal of time and exp 23. Question: Using the method of evaluating the firm, cash flow is adjusted for the time value of money. Your Answer: Present value of future cash flow Replacement value Book value Earnings approach 24. Question: Which section of the prospectus is of great interest to potential purchasers? Your Answer: Description of the company Type of stock Risk factors Use of proceeds 25. Question: Sales of stock within an individual state are regulated by: Your Answer: The Securities and Exchange Commi The NASD Blue sky examiners The Internal Revenue Service 1. Question: According to Collison and Parcell, everyone has . Your Answer: Something to learn Something to share An attitude problem Both A and B are correct. CORRECT Points Received: 4 of 4 Comments: 2. Question: According to Collison and Parcell, a "river diagram" shows: Your Answer: The cost savings of doing KM in an organization Where within an organization to focus knowledge sharing activities CORRECT The names of all leaders in an organization The financial return on investment of implementing a KM program Points Received: 4 of 4 Comments: 3. Question: According to Collison and Parcell, a meeting where people come to share their expertise, knowledge, or insights with a team that has requested help is called . Your Answer: A peer assist CORRECT A "reverse knowledge transfer" A "knowledge validation" A 360-degree feedback Points Received: 4 of 4 Comments: 4. Question: According to Collison and Parcell, the real learning in AAR comes when you: Your Answer: Compare the plan with reality CORRECT Hire better consultants Hire more consultants Locate the experts in your company [Show More]
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