Business Questions

_________is the term attarched to the general philosophy of minimizing startup expenses by aggresively pursuing cost-cutting techniques and moneysaving tactics.a) venture capitalistsb) business angelc) bootstrappingd) crowdfunding

A code of is a formal statement of an organization's values on certain ethical and A) conduct B) behavior C) performance D) principles E) morals

Harvey Dent invested $60,000 into Dented Autobody Repairs. The new business focuses on fixing old cars in poor repair and selling them. bruce Wayne invested $15,000. And Selina Kyle didn't put any money into the busniess, but instead became a 50% equity owner becuase she had considered a lot of time to the business. This 50% __________equit, which represent the value of the time and effort Seline Kyle puts into Dented Autobody Repairs.a. crowdfundingb. sweat equityc. brand loyaltyd. bootstrapping

Venture capital is money that is invested by venture capital firms in startups and small businesses with exceptional growth potential.-true-false

Victor Stone owns a business that manufactures for smart watches, such as covers and wrist bands. putting in a lot of effort to boost the busniess sales becuase he understands that increasig production lowers the average cost of everyunit his venture produces. This example illsutrates a reason for growth known as _____________.A) economies of scopeB) market leadershipC) influence, power, and survivabilityD) need to accommodate the growth of key customersE) economies of scale

creating trend-setting fashion in athletic clothing is what Nike does particularly well. This is Nike's ___________A) ruckus and trendsB) noise and messC) clatter or supplyD) clamor or chainE) buzz or tagline

Louis Lane is openning a medical clinic in downtown metroplis. she hstes debt. so she decided to not to borrow any money. she also doesnt want to give up any ownership of her business. she she decided jot to raise money from investors. instead louis is thinking of ways to agressively cut cost and save money. she is using a technique referred to as___________________a) crowdfundingb) bootstrappingc) general partnershipd) initial public offering

_____________is the practice of funding a project or new venture by rasing monetary contributiuons form a large number of people, typically via the internet.A) EntrepreneurB) Funding SourceC) Business AngelsD) BootstrappingE) Crowdfunding

according to out lecture slides from week 12, most entrepreneurs _________their businessesa. is made up of people who need to raise pricesb. is made up of people wanting to make a lof of moneyc. is made up of people starting very normald. is made up of people who need to be aware of

Bruce Wayne is opening a diner in Gotham City. He needas about $500,000 to get started. His buttler Alfred gave him a large gift of money. His former sidekick, Barbara Gordon, also loan him a buch of money. And his ally, Clarl Kent, gave him the rest. Accordign to the textbook, the source of finacing Bruce is using is referred to as_____________a) street vendor b) general partnerc) friends and familyd) sole proprietorship

based on the examples i have used during class lectures, which of the following do you think is my favorite beverage?a) sodab) coffeec) juiced) milk

According to the textbook, one of the most important things the founders of an entrepreneurial venture -a) establish a strong ethical control on the firmb) establish a unethical enviroment on the organizationc) establishing a weak ethical controld) establish a strong ethical culture for their firms

Some companies monitor the integrity of their brands through -a) business organizationb) organization managementc) brand managementd) branding resources

A _____ is a place within a market segment that represents a narrow group of customers with similar interests -a) taget marketb) niche marketc) viral marketd) capital market

Which of the following is the most important thing that an entrepreneur, or team of entrepreneurs, can do to build a strong ethical culture in their organization? A) Implement an ethics training program B) Write a mission statement C) Lead by example D) Hire an ethics compliance officer E) Write a code of

There are three reasons that most entrepreneurial ventures need to raise money during their early life: cash flow challenges, ________________, and lenthly product development cycles-a) capital investmentsb) cash flow challengesc) Lengthy Product Development Cyclesd) venture capital

which of the following is not one of the four elements that constitues firms marketing mix?(product, price, place, promotion)

The first step in selecting a target market is to study the industry in which the firm intends to compete and determine the different potential target markets in that industry. This process is called ________.A) market positioningB) market splittingC) market targetingD) market subdividingE) market segmentation

According to the lecture slides, ______ refers to efforts by individuals or groups to fund their projects by getting relatively small amounts -a) crowdfundingb) bootstrappingc) general partnershipd) initial public offering

Once a firm has segmented the market, the next step is to -a) select a niche marketb) select a target audiencec) select a target marketd) select a target place