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Business Questions

Explore questions in the Business category that you can ask Spark.E!

If you start and manage a landscaping business on your own, you have likely started a

In a general partnership, all partners share the responsibility for operating the business and assume _______ for the business's debts

One of the most important advantages of the sole proprietor form of ownership is that a business owner:

A business that is owned and managed by one person is a(n)

Many people do not like working for someone, so being your own _______ is an advantage of sole proprietorships.

What is an example of leveraging motives in creating new business?a) Launching a tasting room to gain insights into customer preferencesb) Acquiring new skills useful to existing marketsc) Developing new competenciesd) Launching an alcoholic seltzer line to utilize excess brewing capacity

Which of the following is a key element of the business model canvas?a) Marketing strategyb) Key resourcesc) Employee benefitsd) Brand identity

True or False: "Yes and..." approach in creative abrasion focuses on roadblocks and divides groups.

True or False: Job planning and design in HRM should focus on short-term orientation and specific tasks.

What does a subscription fee revenue stream involve?a) Charging customers for each use of a product or serviceb) Selling physical or digital assets to customersc) Regularly charging customers for ongoing access to a product or serviced) Generating revenue through advertising

True or False: Differentiation in company structure refers to coordinating work among specialized tasks.

What does the incubation phase in the DIA model focus on?a) Recognizing and articulating business conceptsb) Evolving concepts into feasible business propositionsc) Commercializing the business to stand on its ownd) Scaling up the business model

True or False: The correct company structure should change over time based on external and internal considerations.

True or False: Channel 3: Mainstream Development focuses on passion projects without formal evaluation metrics.

True or False: A predictable external environment suggests the use of organic structures.

True or False: Operational relatedness in new product development considers how much the new initiative overlaps with existing business activities.

True or False: Business model innovation often disrupts the business model more than the product or service.

True or False: Strategic renewal typically has a high frequency of the entrepreneurial event.

True or False: In the DIA model, acceleration involves the creation and recognition of business concepts.

True or False: Creative abrasion occurs when people share similar backgrounds and values, which is good for innovation.

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