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strayer bus402 quiz 1 latest 2017

Quiz 1 Question 1 Dirk wants to be in control. He’s tired of taking
orders from others and wants to feel a sense of accountability for the outcome
of his work. Dirk displays the entrepreneurial characteristic of:Question 2 Companies started by women differ from companies
started by men in that:Question 3 Juan is able to work well in a constantly
changing atmosphere and has little concern for what tomorrow will bring. Juan
demonstrates which of the following characteristics of a typical entrepreneur?Question 4 A key characteristic of a successful entrepreneur
is:Question 5 Primary cause of business failure is:Question 6 Launching and running a business can be an
extremely rewarding experience, but it also can:Question 7 “Copreneurs” are marked by:Question 8 One key to success with a business startup is to
begin with enough ________:Question 9 Entrepreneurs start businesses for a number of
reasons including:Question 10 Surveys show that owners of small businesses
believe that:Question 11 Kyoto has started an interior decoration
business. Everything about the business, from its name to the color schemes
used in the corporate letterhead, is an expression of her personality. She sees
this business as her greatest personal achievement. Kyoto is experiencing the
opportunity ________ of small business ownership.Question 12 Successful copreneurs are marked by which of the
following characteristics? Question 13 Part-time entrepreneurship has an additional
advantage over starting up a company full-time in that:Question 14 Which of the following trends is feeding the
growth of entrepreneurial activity?Question 15 U.S. economic structure is moving:Question 16 ________ focuses everyone’s attention and
efforts on the same target market. It is an expression of what the owner
believes in.Question 17 The most successful strategic plans make the
________ focal.Question 18 ________ are the broad, long-range attributes
the small business seeks to accomplish; ________ are the specific, measurable milestones
the company wants to achieve.Question 19 When the small business owner assesses her
company’s strengths and weaknesses, she is dealing with the ________ business
environment.Question 20 ________ are positive internal factors that
contribute towards accomplishing the company’s objectives.Question 21 ________ are relationships between a
controllable variable–plant size, quality, packaging–and a critical factor
influencing the firm’s ability to compete in the marketplace.Question 22 Once the vision and mission are established, the
entrepreneur needs to:Question 23 These are products of the interaction of various
forces, trends, and events that are outside the control of the small business.Question 24 Answering the question “What business am I
in?” defines the company’s:Question 25 The final step of the strategic planning process
is:Question 26 A mission statement should answer which of the
following questions?Question 27 Which of the following best expresses the
relationship of a company vision to its mission?Question 28 A small business’s “aggregation of factors
that sets it apart from its competitors” is its:Question 29 ________ are negative internal factors that
inhibit the accomplishment of a firm’s objectives.Question 30 Purchasing rival companies’ products, taking
them apart, and analyzing them is:

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