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ENTREPRENEURSHIP MIDTERM questions and answers passed

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ENTREPRENEURSHIP MIDTERM questions and answers passed

Institution
ENTREPRENEURSHIP
Course
ENTREPRENEURSHIP

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ENTREPRENEURSHIP MIDTERM
questions and answers passed

The process of running a business of one's on is called - correct answer ✔✔Entrepreneurship



A plan that identifies how business goals will be achieved through marketing efforts - correct
answer ✔✔Strategy



This might include how much money your business will earn, and how quickly you will pay off
debts - correct answer ✔✔Financial goal



Identifying and examining the characteristics of a competing firm is called a - correct answer
✔✔competitive analysis



An independent agency of the federal government that was created to help Americans start
build and grow a business - correct answer ✔✔SBA



The first step in the problem-solving model is to - correct answer ✔✔Define the problem



The amount earned as a result of an investment, usually expressed as a percentage - correct
answer ✔✔ROI



An evaluation of your struggles and weaknesses - correct answer ✔✔Self-assessment



A business that makes most of its money, selling the same or similar products to the same
market as other businesses is - correct answer ✔✔Direct competition

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