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FREE AND STUDY GAMES ABOUT 622 FINAL EXAM
Actual Qs and Ans Expert-Verified Explanation
This Exam contains:
-Guarantee passing score -300 Questions and Answers -format set of multiple-choice -Expert-Verified Explanation Question 1: Entrepreneurs considering a strategic partner should do all of the following except ____.
Answer:
depend on a partner for significant revenue generation Question 2: When major insurance companies and pension funds make equity investments and cash deposits into community banks that then lend to social ventures to help them grow, they are engaging in ____.
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impact investing Question 3: The most successful new ventures adopt a team-based approach with a/an ____ structure.
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flatter Question 4: ____ make(s) all partners responsible for the obligations that each incurs in the course of doing business.
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ostensible authority
Question 5: The micro strategy process repeats itself over and over again and with each successful outcome, the new business is moved toward a complete ____.
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proof of concept
Question 6: Rates and stages of growth in a new venture vary by ____.
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industry and business type Question 7: ____, such as banner exchange programs, is/are strategic partnerships intended to increase website traffic.
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affiliate programs Question 8: Identifying all the tasks in the production process makes it easier to determine what equipment and ____ will be needed for completing the tasks.
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supplies Question 9: ____ relies on statistical tools and specific processes to achieve the measureable goals of fewer defects, increased productivity, reduced waste, and superior products and processes.
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six sigma Question 10: Groups of hackers that act in the national interests of the country that sponsors them to provide nearly constant attacks on the national security infrastructure of countries are known as ____.
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cyber militia Question 11: A ____ depends on a feasible business model that has been market-tested and is reliable.
Answer:
business plan
Question 12: ____ is a floorless exchange that trades on the National Market System.
Answer:
NASDAQ
Question 13: All of the following are steps to take prior to writing a marketing plan except ____.
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build brand equity Question 14: Two of the most effective entrepreneurial marketing tools around, because they do not cost the company any money, are word-of-mouth and ____.
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publicity Question 15: All of the following disadvantages are associated with IPOs except ____.
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pressure to perform in the long term Question 16: ____ is validation of the business by external constituencies such as suppliers, customers, distributors, and others in the value chain.
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legitimacy Question 17: By the second stage on investment, known as ____, the business is requiring capital to grow on the basis of a proven business model.
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transition Question 18: The region from which the entrepreneur expects to draw customers is called the ____.
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trade area Question 19: Involving everyone in the organization in the growth plan and rewarding achievement of interim goals are two ways to ____.
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create a growth culture
Question 20: A reorganization of the finances of the business so that it can continue to operate and begin to pay its debts is a/an ____.
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Chapter 11 reorganization Question 21: ____ generally employs a pull strategy, focusing on non-price benefits and targets end-users.
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advertising Question 22: Which of the following is not an area where ethical dilemmas are typically found?
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None of these choices; that is, ethical dilemmas arise in all these areas.Question 23: Entrepreneurs who subscribe to ____ will probably wish to provide warranties with products and services.
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efficiency and innovation Question 24: Inventory is defined as the stocks of items used to support production, associated activities, and ____.
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customer service Question 25: The term ____ refers to tangible choices such as?in the case of a new venture?investing in research and development for new technology.
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real options Question 26: Which of the following are not "backend" costs for an entrepreneur seeking capital by selling securities (shares of stock in the corporation)?
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prospectus printing costs