Ba109 chapter 5 - Study guides, Class notes & Summaries

BA109 Chapter 4 - Practice Exam Questions With Verified Answers. T/F The executive summary of a business plan should summarize all of the relevant points of the proposed venture and should be concise-no more than two pages. - answerTrue T/F The executive summary serves as the thesis statement for the entire business plan. - answerFalse T/F The higher a small business scores on the 5 C's of credit, the greater its chances will be of receiving a loan. - answerTrue T/F To get external fina...

BA109 - Chapter 04 Questions &Answ Business model - ANSWER-defines the process a company will use to generate sales and a profit feasibility analysis - ANSWER-the process of determining whether an entrepreneur's idea is a viable foundation for creating a successful business. (1) An industry and market feasibility analysis (2) A product or service feasibility analysis (3) a financial feasibility analysis. - ANSWER-A feasibility analysis consists of which three interrelated components? ...

BA109 Chapter 4 Practice Exam 2023-2024 Questions with Correct Answers T/F The executive summary of a business plan should summarize all of the relevant points of the proposed venture and should be concise-no more than two pages. - ANSWER True T/F The executive summary serves as the thesis statement for the entire business plan. - ANSWER False T/F The higher a small business scores on the 5 C's of credit, the greater its chances will be of receiving a loan. - ANSWE...

BA109 Chapter 4 - Practice Exam 2023 with complete solution T/F The executive summary of a business plan should summarize all of the relevant points of the proposed venture and should be concise-no more than two pages. True T/F The executive summary serves as the thesis statement for the entire business plan. False T/F The higher a small business scores on the 5 C's of credit, the greater its chances will be of receiving a loan. True T/F To get external financing, an entrepreneur's bu...

Small companies produce ___ times more patents per employee than their larger rivals - ANSWER-16.5 ____ is the ability to develop new ideas and to discover new ways of looking at problems and opportunities. - ANSWER-Creativity ____ is the ability to apply creative solutions to those problems and opportunities to enhance or to enrich people's lives. - ANSWER-Innovation Ten "mental locks" that limit individual creativity. 1. Searching for the one "right" answer. 2. Focusing on "...

BA109 Chapter 4 - Practice Exam 2023 with complete solution T/F The executive summary of a business plan should summarize all of the relevant points of the proposed venture and should be concise-no more than two pages. True T/F The executive summary serves as the thesis statement for the entire business plan. False T/F The higher a small business scores on the 5 C's of credit, the greater its chances will be of receiving a loan. True T/F To get external financing, an entrepreneur's bu...

Acme Corporation is chartered in Delaware, but its primary area of operation is in South Carolina. In South Carolina, Acme would be considered a(n) ________ corporation. - ANSWER-foreign T/F State law requires that individuals creating a partnership file the Articles of Partnership with the secretary of state. - ANSWER-False T/F "Double taxation" refers to the fact that corporations are required to pay both federal and state income taxes. - ANSWER-False T/F The corporation has the adv...

BA109 Chapter 4 - Practice Exam Questions and Answers Rated A T/F The executive summary of a business plan should summarize all of the relevant points of the proposed venture and should be concise-no more than two pages. True T/F The executive summary serves as the thesis statement for the entire business plan. False T/F The higher a small business scores on the 5 C's of credit, the greater its chances will be of receiving a loan. True T/F To get external financing, an entrepreneur's busin...

BA109 - Chapter 01 Practice Exam Already Passed Within five years, _____ percent of businesses will fail. 51 An entrepreneur is one who: --is willing to attempt to implement a business concept and then give up if it does not meet immediate expectations. -- understands the process of developing an idea and does not need to understand what it means to bring that idea to a viable business concept. --knows that the concept they are about to develop will result in a profitable business. --create...

BA109 Chapter 4 - Practice Exam 2023 with complete solution T/F The executive summary of a business plan should summarize all of the relevant points of the proposed venture and should be concise-no more than two pages. True T/F The executive summary serves as the thesis statement for the entire business plan. False T/F The higher a small business scores on the 5 C's of credit, the greater its chances will be of receiving a loan. True T/F To get external financing, an entrepreneur's bu...