Entrepreneurship and Small Business Management MCQs and Notes
S
Q 51. ______ provides information on the company and critical risks to prospective business partners.
A
Q 52. All of these are special purpose plans EXCEPT which of these?
P
Q 53. ______ is a firm whose product is new to the industry.
R
Q 54. ______ is when a firm sells its products in a limited area, for a limited time.
P
Q 55. ______ is a statement that is not expected in the business plan.
V
Q 56. ______ is NOT an idea that good marketing strategy focuses on.
P
Q 57. ______ is a product or service that is kept as a trade secret or is protected legally using patients, trademarks, copyright, or service mark.
P
Q 58. A one-page document on letterhead introducing the business plan is considered a
V
Q 59. The appropriate size for a business plan, where the type of business is well established is
S
Q 60. _______ is a one- to two-page overview of the business, its business model, market, expectations, and immediate goals.
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