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Home Search Your Textbook Entrepreneurship: Starting and Operating a Small Business

Questions for: Entrepreneurship: Starting and Operating a Small Business — 3e

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Large firms like 3M, Google, Oracle, and Microsoft, that trade on organized stock exchanges, are:
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The five industry types discussed in the book include:
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A(n) ________ is a thought, impression, or notion. A(n) ________ is a favorable set of circumstances
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As a business moves beyond its early growth stage and its pace of growth accelerates, the need for s
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Creating ________ means creating awareness and a sense of anticipation about a company and its offer
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An advisory board is a panel of experts who are asked by a firm's managers to provide counsel and ad
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In the five-stage creative process, the flash of recognition, or what is sometimes referred to as th
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Why is it better to sell benefits rather than features? Provide an example that illustrated this poi
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________ is (are) used to generate a number of ideas quickly.
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Creativity and innovation are almost identical concepts.
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The Partnering for Success feature in Chapter 8 focuses on buying groups, and recommends that small
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Economic forces impact the opportunities available to entrepreneurs. Which of the following alternat
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Fortunately, if three of the four components of a firm's business model are in place, the firm has a
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Pam Ryan owns a store that sells running shoes and related products. Pam is currently trying to incr
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According to the textbook, a well-managed business that finds its products and services are mature o
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The majority of entrepreneurial firms first enter foreign markets as exporters. (True or false?)
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Match the business plan with its appropriate emphasis:
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The people who buy franchises from master franchisees are typically called subfranchisees. (True or false?)
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In startup firms, inventory must be purchased, employees must be trained and paid, and advertising m
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Which of the following factors is a negative as it pertains to the financial feasibility of a busine
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