st attempt
• Question 1
Planning the new venture is a process that never ends.
Selected
Answer: TRUE
Correct
Answer: TRUE
1 out of 1 points
Newsgroups are too closely controlled by competitors to be useful for information gathering.
Selected
Answer: FALSE
Correct
Answ...
international entrepreneurial decisions are more complex than domestic decisions due to uncontrollable factors such as economic development and stage of economic develop
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BUSI-3004
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BUSI_3004_WEEEK 2
1st attempt
• Question 1
1 out of 1
Planning the new venture is a process that points
never ends.
Selected
Answer: TRUE
Correct
Answer: TRUE
• Question 2
1 out of 1 points
Newsgroups are too closely controlled by competitors to be useful
for information gathering.
Selected
Answer: FALSE
Correct
Answer: FALSE
• Question 3
0 out of 1 points
Nonverbal or hidden language of the culture can be thought of in
terms of several components - time, space, and business
relationships.
Selected
Answer: FALSE
Correct
Answer: TRUE
• Question 4
1 out of 1 points
The Internet is a useful tool to access information but is generally
not a good vehicle for marketing goods and services.
Selected
Answer: FALSE
Correct
Answer: FALSE
• Question 5
0 out of 1 points
For a global entrepreneur, technological environment variations
are minimal since firms produce mostly standardized, relatively
uniform products that can be sorted to meet industry standards.
, BUSI_3004_WEEEK 2
Selected
Answer: TRUE
Correct
Answer: FALSE
• Question 6
0 out of 1 points
Letters from customers, distributors, or subcontractors are
examples of information that should be included in the executive
summary of a business plan.
Selected
Answer: TRUE
Correct
Answer: FALSE
• Question 7
1 out of 1 points
When gathering financial information, the entrepreneur should
develop a budget that includes expected sales and expense
figures for the first year.
Selected
Answer: TRUE
Correct
Answer: TRUE
• Question 8
1 out of 1 points
An evaluation of cultural changes is irrelevant to the venture and
should not be included in the business plan.
Selected
Answer: FALSE
Correct
Answer: FALSE
• Question 9
1 out of 1 points
Bankers agree that most business failures are due to the
entrepreneur's inability to plan effectively.
Selected
Answer: TRUE
Correct
Answer: TRUE
• Question 10
1 out of 1 points
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