Entrepreneurship Test Questions Bank / Final Exam Review Study Guide Test

Entrepreneurship Test Questions Bank / Final Exam Review S
Entrepreneurship Test Questions Bank / Final Exam Review S
Entrepreneurship Test Questions Bank / Final Exam Review S
Entrepreneurship Test Questions Bank / Final Exam Review S
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213 Multiple Choice Questions covering the following:

ENTREPRENEURSHIP FOUNDATIONS

Understand economics, career planning, and information management.

Understand economic systems to be able to recognize the environments in which businesses function.

Participate in career-planning to enhance job-success potential.

Acquire information to guide business decision-making.

Write internal and external business correspondence to convey and obtain information effectively.

Understand entrepreneurship, product/service management, information management, professional development, emotional intelligence, and operations.

Employ entrepreneurial discovery strategies to generate feasible ideas for business ventures/products.

Acquire information to guide business decision-making.

Employ entrepreneurial discovery strategies to generate feasible ideas for business ventures/products.

Generate venture/product ideas to contribute to ongoing business success.

Utilize critical-thinking skills to determine best options/outcomes.

Employ entrepreneurial discovery strategies to generate feasible ideas for business ventures/products.

Employ product-mix strategies to meet customer expectations.

Apply ethics to demonstrate trustworthiness.

Develop a concept for new business venture to evaluate its success potential.

Implement expense-control strategies to enhance a business’s financial well-being.

Develop a concept for new business venture to evaluate its success potential.

Apply ethics to demonstrate trustworthiness.

Employ entrepreneurial discovery strategies to generate feasible ideas for business ventures/products.

Understand market planning and business law.

Develop marketing strategies to guide marketing tactics.

Select a target market appropriate for venture/product to obtain the best return on marketing investment (ROMI).

Employ marketing-information to develop a marketing plan.

Select a target market appropriate for venture/product to obtain the best return on marketing investment.

Employ marketing-information to develop a marketing plan.

Acquire foundational knowledge of business laws and regulations to understand their nature and scope.

PLANNING AND PREPARING TO MANAGE A SMALL BUSINESS

Understand product/service management, strategic management, and channel management.

Position venture/product to acquire desired business image.

Utilize planning tools to guide organization’s/department’s activities.

Acquire a foundational knowledge of product/service management to understand its nature and scope.

Employ product-mix strategies to meet customer expectations.

Position venture/product to acquire desired business image.

Employ product-mix strategies to meet customer expectations.

Position venture/product to acquire desired business image.

Acquire foundational knowledge of channel management to understand its role in marketing.

Manage channel activities to minimize costs and to determine distribution strategies.

Understand pricing, promotion, and market planning.

Develop a foundational knowledge of pricing to understand its role in marketing.

Employ pricing strategies to determine optimal prices.

Acquire a foundational knowledge of promotion to understand its nature and scope.

Understand promotional channels used to communicate with targeted audiences.

Manage promotional activities to maximize return on promotional investments.

Employ marketing-information to develop a marketing plan.


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98
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Entrepreneurship Test Questions Bank / Final Exam Review S
Entrepreneurship Test Questions Bank / Final Exam Review S
Entrepreneurship Test Questions Bank / Final Exam Review S
Entrepreneurship Test Questions Bank / Final Exam Review S
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