business ch 7 quiz
People who risk their time, money, and other resources to start and manage a business are called __________.
All of the following are characteristics of entrepreneurs except:
need for certainty.
There are many options for funding a small business, including:
credit cards, commercial loans, and angel investors.
If Bill Gates contacts you because he is interested in investing in your new business in exchange for an ownership interest, he would be considered _______.
an angel investor
Opportunities for small businesses include all of the following except:
higher overhead costs.
Threats against small businesses include:
too little money and bigger regulatory burden
There are a number of things small business owners can do to promote the success of their business, including:
learning from others and developing a business plan
Small Business Development Centers ________.
are affiliated with the SBA and provide comprehensive management assistance to small businesses
A business plan should include all of the following except:
an exit strategy
Internationally, there are a few key factors to consider when contemplating a particular country for your business start–up. These include all of the following except: