MyBiz Lab Ch 06 Quiz: Entrepreneurship and Small-Business Ownership

 

2. The following are start-up companies in different situations. Which business is at a greater risk of failure?

The following are start-up companies in different situations. Which business is at a greater risk of failure?

3. Which of the following best characterizes a lifestyle business?
4. Which of the following is a trait of successful entrepreneurs?
5. Most small businesses employ __________ employees.
6. The __________ is a federal government agency where small businesses can apply for loans, get management and financing advice, and learn about selling to the federal government.
7. Which best describes most small businesses?
8. What is a specific type of machine learning that uses layers of artificial neural networks to mimic brain functions? 
9. When Sean set up the kiosk, he became a(n) __________.
10. Which of the following is true of small businesses?
11. Having a business plan will help an entrepreneur __________.
12. Which of the following is the best example of entrepreneurship?
13. The formal document that Jim is advised to draft is known as a __________.
14. Which of the following can put a business at a greater risk of failure?
15. Organizations or people that lend smaller amounts of money to business owners who might not qualify for conventional bank loans are referred to as __________.
16. Which of the following best describes a business plan?
17. Which of the following is the best explanation of what entrepreneurs do?
18. A product franchise gives you the right to do which of the following?
19. Which of the following is true of an executive summary?
20. Which of the following is a federal government agency where small businesses can apply for loans, get management and financing advice, and learn about selling to the federal government?
21. Which of the following is true about a business incubator?
22. Which of the following best describes Dan in this context?