- KinderCode in Houston, Texas targets high-performing elementary school and middle school students -a) friends and familyb) targetc) niched) crowdfunding
- Helen alverson owns a coffee shop that is popular with 30-year-old professionals in New York City -a) nicheb) targetingc) marketd) target
- In regard to firm growth, evidence shows that -a) relatively few firms generate sustained growthb) relatively a lot firms generate sustained growthc) relatively not so much firms generate sustained growthd) relatively just half firms generate sustained growth
- A ________ if a form of business organization where two or more people pool their skills, abilities, and -a) general partnershipb) limited partnershipc) unlimited partnershipd) general unlimited partnership
- Avila's venture makes accessories for laptops. She is working hard to increase her sales because -a) economic scaleb) entrepreneurial scalec) economic demandd) economies of scale
- The main challenges for a business in the introduction stage of the organizational life cycle is -a) the initial product or service is right and starting to lay the groundwork for building a small organizationb) making sure the initial product or service is working wellc) making sure the initial product or service is right and starting to lay the groundwork for building a larger organizationd) the last product or service is right and starting to lay the groundwork for building a small organization
- According to the lecture slides, only _____% of new businesses last 5 years and only _____% last 10 -a) 45;30b) 45;35c) 40;40d) 30;45
- According to the textbook, there are three issues about business growth that entrepreneurs should appreciate-a) all businesses have the potential to be aggressive growth firms, a business can grow too slow, business success always scaleb) not all businesses have the potential to be passive growth firms, a business can grow too slow, business success always scalec) all businesses have the potential to be aggressive growth firms, a business can grow too fast, business success doesn't always scaled) not all businesses have the potential to be aggressive growth firms, a business can grow too fast, business success doesn't always scale
- A ______ is the first sale of stock by a firm to the public -a) SBIRb) IPNc) STTRd) IPO
- By the bureaucratic theory the organization run by:
- According to the lecture slides- one requirement for a successful market segmentation is that the segment should be -a) mediumb) smallc) larged) extra large
- According to the lecture slides, ______ marketing facilities and encourages people to pass along a marketing message -a) viral marketingb) viralc) viralizedd) viral management
- Which of the following is one of the 10 signs that a business is growing too fast? -a) declining product qualityb) increasing product developmentc) declining product developmentd) increasing product quality
- In April 2016, Abigail's Jewelry Boutique first opened. Two years later, in 2018, the boutique sold stock to the public -a) initial public offersb) initial public membershipc) initial public offeringd) initial public relations
- The simplest and most common form of business entity is the -a) general propietorshipb) limited partnershipc) sole proprietorshipd) sole partnership
- Bootstrapping is the process of combining personal funds, equity investments, and bank financing to launch a business --true-false
- According to our lecture slides, less than _____% of midmarket firms achieve sustained growth -a) 1.5b) 1.0c) 2.5d) 3.5
- Which of the following is not one of the four factors identified in the textbook as critical in selecting a form of business ownership -a) The cost of setting up and maintaining the legal formb) accounting considerationsc) Tax considerationsd) The number and types of investors involved
- Abdullah and Amara are opening an African-Middle eastern fusion restaurant in Paris, France -a) neightboresb) crowdfundingc) bootstrappingd) friends and family
- Partnerships are organized as either _______ or ________ partnerships -a) unlimited; generalb) gereral; unlimitedc) general; limitedd) limited; general