Gmetrix Certification Exam Bundle

What is Entrepreneurship? - Setting up a business with the aim to make a profit. clarify several businesses as either B2B or B2C - B2B: •Wholesale flooring distributor •Purchases requiring a tax exemption certificate B2C: •Motorcycle repair shop •Chain of local grocery stores...

What is Entrepreneurship? A) Marketing and selling products. B) Setting up a business with the aim to make a profit. C) Acquiring leadership and managerial skills. D) Quickly advancing in positions within a corporation. - B) Setting up a business with the aim to make a profit. You need ...

Which entrepreneurial trait best deals with ambiguity - Patience Todd wants to open a golf shop. Todd does not have and collateral except for his Ford Pinto. Upon attempting to secure financing from a bank, Todd is rejected for lack of collateral. Todd then turns to private investors in an eff...

Which three things are defined when doing a self-assessment - Weaknesses, Strengths, Risk tolerance Ophelia runs a local seamstress business. Ophelia is losing customers to a competing business. Upon sending an employee over to check out the competition, Ophelia discovers the competitors' tur...

which is a benefit of starting a business versus buying a franchise or pre existing business - the owner can create their own rules rey has worked as transportation cordinator for the past ten often is dissastified with the stagnation of the jod and wants to open her own transportation servic...

Characteristics of Entrepreneurs - Desire for responsibility •Preference for moderate levels of risk - risk eliminators •Confidence in their ability to succeed •Desire for immediate feedback •High level of energy •Future orientation - serial entrepreneurs •Skilled at organizing ...

Based upon his finding, which approach might be less stressful for the entrepreneur to have her own business? - Buy an existing business that is already successful Based on the scenario provided, what would be emphasized in marketing to attract customers? - Location The entrepreneur deci...

Ophelia runs a local seamstress business. Ophelia is losing customers to a competing business. Upon sending an employee over to check out the competition, Ophelia discovers the competitor's turnaround time is double her turnaround time. What should Ophelia's new marketing strategy be to woo back h...

After doing a self-assessment, Peter realizes he wants to start a plumbing business, but doesn't want to risk alot of his own money. What would be his best option? - Purchase an existing business Besides defining strengths and weaknesses, what is the other main factor determined during a self...