7513873
Beschreibung
Quiz von Chad Collins, aktualisiert more than 1 year ago
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Erstellt von Chad Collins
vor mehr als 7 Jahre
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Frage 1
Frage
The entrepreneurial discovery process requires knowledge and the recognition of which situation?
Antworten
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Economic crisis
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Preventable accident
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Market need
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Creative observation
Frage 2
Frage
Entrepreneurial discovery is an important process in a free-enterprise economic system because an entrepreneur or small-business owner will most likely accomplish which goal?
Antworten
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Satisfy an unmet demand
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Form a technological monopoly
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Improve economic sanctions
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Change legal requirements
Frage 3
Frage
After a Korean auto manufacturer built a plant in Ames, Iowa, Kwan noticed a substantial growth of Korean residents in the area, many of whom were relocated to Ames to work for the plant. Kwan decided to import Korean goods and sell them in a small Korean specialty store near town. This is an example of a product opportunity resulting from which situation?
Antworten
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Advancements in technology
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Changes in travel habits
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Differences in priority
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Shifts in popularity ethnicity
Frage 4
Frage
Which statement is true about entrepreneurial discovery?
Antworten
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It ensures that start-up businesses have continuous funding.
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It is an ongoing process that facilitates the success rate of a business.
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It provides entrepreneurs with professional development training.
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It is a way to determine the long-term profit that a start-up company can generate.
Frage 5
Frage
For a prospective entrepreneur, what is necessary to determine the existence of goods and services?
Antworten
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Demographic changes
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Product standards
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Entrepreneurial discovery
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Raw materials
Frage 6
Frage
Identifying new product opportunities usually requires a person to possess which characteristic?
Antworten
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Decisiveness
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Emotional
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Awareness
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Indifference
Frage 7
Frage
Which is an example of a demographic trend that has encouraged entrepreneurial discovery?
Antworten
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Interest rate fluctuations
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Increased cultural diversity
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Industry deregulation
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Technological advancements
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