Question 1 Not yet answered Marked out of 1.00 P Flag question Assessment of risk is projections of key financial data that determine economic feasibility and necessary financial investment commitment. Select one: : True False Question 2 Not yet answered Marked out of 1.00 P Flag question If you are an entrepreneur, you will be your own boss. Select one: O True O False Question 3 Not yet answered Marked out of 1.00 P Flag question Entrepreneurs must be able to handle stress. Select one: O True O False Question 4 Not yet answered Marked out of 1.00 Flag question The business plan is a written document prepared by the bank that describes all the relevant external and internal elements involved in starting a new venture. Select one: : True False Question 5 Not yet answered Marked out of 1.00 P Flag question Technology has eliminated many barriers to business entry. Select one: O True False Question 6 Not yet answered Marked out of 1.00 Flag question A business plan should be written before deciding the business idea. Select one: True O False Question 6 Not yet answered Marked out of 1.00 Flag question A business plan should be written before deciding the business idea. Select one: True O False Question 7 Not yet answered Marked out of 1.00 P Flag question Startup funds are also known as initial capital Select one: : O True O False Question 8 Not yet answered Marked out of 1.00 P Flag question is to determine the different potential target markets in an industry. Select one: O Market positioning All the above Market segmentation Market targeting Question 9 Not yet answered Marked out of 1.00 P Flag question Competition analysis is part of: Select one: O Financial plan. Marketing plan. Company description. O Market analysis. Question 10 Not yet answered Marked out of 1.00 Flag question Which of the following interested parties should not have access to the entrepreneur's business plan? Select one: O Lenders O Competitors Suppliers O Investors Question 11 Not yet answered Marked out of 1.00 P Flag question The following are market information needed for preparing a business plan, EXCEPT: Select one: O Financial Market segmentation Competitors O Market potential Question 12 Not yet answered Marked out of 1.00 Flag question performs projections of key financial data that determine economic feasibility and necessary financial investment commitment. Select one: Marketing Plan. Operations Plan. Financial plan. Production plan Question 13 Not yet answered Marked out of 1.00 P Flag question describes the nature of the business and what the entrepreneur hopes to accomplish with that business. Select one: O Mission statement Business Plan. O Vision. O Production plan Question 14 Not yet answered Marked out of 1.00 P Flag question section provides complete overview of the product(s), service(s), and operations of a new venture. Select one: O Description of the product. Description of the venture Description of the service. O Description of the market. Question 15 Not yet answered Marked out of 1.00 P Flag question Industry size, growth rate and trends are a part of: Select one: : O Financial Plan. Marketing Plan. Industry analysis. Company description
