ENT 101 FINAL EXAM TONG MENG QUESTIONS WITH
VERIFIED ANSWERS
Which of the following is not a distribution model?
a. Creating an open-access platform
b. Microfranchising
c. Decentralizing operations
d. Franchising - Answers - Decentralizing Operations
Standardization can be achieved through ________, ________, and _________. -
Answers - Training, Automating, Quality Control
__________ are the processes required to get to the outcomes you're aiming for. -
Answers - Operations
Which is NOT a challenge in developing your distribution model discussed in the
textbook?
a. Physical logistics and transport
b. Cost considerations
c. Information gaps
d. Lack of resources - Answers - Lack of resources
Economies of scale increase until you reach your optimum production level, and then
they decrease.
a. True
b. False - Answers - True
What is a social indicator in social entrepreneurship? - Answers - A unit of
measurement that you can use to track the progress of your social venture.
Which of the following is NOT a social venture's internal weakness?
a. Political
b. Technical
c. Physical
d. Knowledge-based - Answers - Political
Which of the following is NOT an option for hybrid business models?
a. Diversifying your product or service mix
b. Offering your core product/service to a higher paying customer, to cross subsidize
those customers who are unable to pay the full of the product or service
VERIFIED ANSWERS
Which of the following is not a distribution model?
a. Creating an open-access platform
b. Microfranchising
c. Decentralizing operations
d. Franchising - Answers - Decentralizing Operations
Standardization can be achieved through ________, ________, and _________. -
Answers - Training, Automating, Quality Control
__________ are the processes required to get to the outcomes you're aiming for. -
Answers - Operations
Which is NOT a challenge in developing your distribution model discussed in the
textbook?
a. Physical logistics and transport
b. Cost considerations
c. Information gaps
d. Lack of resources - Answers - Lack of resources
Economies of scale increase until you reach your optimum production level, and then
they decrease.
a. True
b. False - Answers - True
What is a social indicator in social entrepreneurship? - Answers - A unit of
measurement that you can use to track the progress of your social venture.
Which of the following is NOT a social venture's internal weakness?
a. Political
b. Technical
c. Physical
d. Knowledge-based - Answers - Political
Which of the following is NOT an option for hybrid business models?
a. Diversifying your product or service mix
b. Offering your core product/service to a higher paying customer, to cross subsidize
those customers who are unable to pay the full of the product or service
