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Entrepreneurship II Final Exam Review Questions and Correct Answers.
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---6januari 20262025/2026A+
- One internal factor that affects the business environment is - Answer management style. 
 
Amie talks to customers and suppliers from all over the world on a daily basis. Her company's involvement with people in so many different countries is due to the trend of - Answer globalization 
 
Which of the following is an example of a governmental regulatory agency: - Answer Federal Aviation Administration (FAA) 
 
Economic factors can affect a business's operations by - Answer...
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Entrepreneurship Final Exam Questions and Correct Answers 2025-2026 Updated.
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---4januari 20262025/2026A+
- What do small businesses and entrepreneurs contribute to the economy? 
Select all that apply. - Answer jobs 
innovation 
competition 
 
What negatively affects small businesses? - Answer regulations 
 
Match each term with the correct definition. - Answer *discipline* - the ability to stick to rules of own free will 
 
*competitiveness* - the property of having a strong desire for success and achievement 
 
*perseverance* - steadfastness and commitment in achieving a goal 
 
*v...
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Entrepreneurship Exam 2 With Guaranteed Pass Solutions 2026 Updated.
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---4januari 20262025/2026A+
- market niche - Answer a homogenous group of consumers with common characteristics 
 
primary data - Answer new data that are often collected using observational or questioning methods 
 
competitive analysis - Answer an analysis of both the quality and quantity of the competition, which needs to be carefully scrutinized by the entrepreneur 
 
current assets - Answer cash and assets that can be easily converted to cash, such as accounts receivable and inventory. current as...
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Entrepreneurship and Small Business Certification Vocabulary Test Questions and Answers.
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---7januari 20262025/2026A+
- Acquisition Costs - Answer Costs incurred by a business 
 
Angel Investor - Answer An investor who provides funding to a business for a stake in the business in return 
 
Asset - Answer A tangible item a business owns 
 
Balance Sheet - Answer A document that compares assets to liabilities plus owner's equity 
 
Brand Recognition - Answer The level of familiarity one has with a brand 
 
Bootstrapping - Answer A business owner that uses their own money to fu...
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Principles of Entrepreneurship Final Exam Questions with Accurate Solutions 2025-2026 Edition.
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---37januari 20262025/2026A+
- The statistical analysis of entrepreneurship has 3 classifications of economic development. Which one relies on industrialization & economies of scale? 
Select One: 
a. Innovation-driven 
b. Factor-driven 
c. Efficiency-driven - Answer Efficiency-Driven 
 
The causal process is when entrepreneurs: 
Select One: 
a. Act in a rational manner with planned risk taking; start with a desired outcome and use a linear process 
b. Are means-driven, risk averse using a circular process 
c. Have the ...
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Latest DECA Entrepreneurship Exam All Questions Answered Correctly 2025/2026 Edition.
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---10januari 20262025/2026A+
- Which of the following is a type of intangible business property that is protected by law. - Answer Trademark. A trademark is a symbol, design, or word used by a business to identify a good or service and is registered with the government to prevent its use by others. A trademark is an example of intangible business property. Federal law protects a business's intangible property from being used by competitors. 
 
Basic torts relating to businesses often involve disputes concerning. - An...
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Intro to Entrepreneurship Exam #2 Questions with Guaranteed Pass Solutions 2025-2026.
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---30januari 20262025/2026A+
- What is a business plan? - Answer -A written narrative typically 25 to 35 pages long 
-Describes what a new business plans to accomplish 
 
Dual-Use Document - Answer -For most ventures, the business plan is a dual-purpose document used both inside & outside the firm 
 
2 Primary Audiences for a Firm's Business Plan - Answer -Who reads the business plan & what are they looking for? 
 
1. A firm's employee 
-looking for a clearly written business plan to help the employees...
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Entrepreneurship Certification Study Guide with Correct/Verified Answers.
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---33januari 20262025/2026A+
- Small Business Owners - Answer -not always interested in taking on new business opportunities 
-their key objective is to generate profits 
-content to stick with that their current business does 
 
The U.S. Small Business Administration (SBA) counts companies with as much as $35.5 million in sales and 1,500 employees as "small businesses," depending on the industry 
 
Entrepreneurs - Answer -interested in taking on new business opportunities 
-an individual with an innovative ...
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Entrepreneurship Certification Study Guide Questions with Complete Answers.
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---6januari 20262025/2026A+
- Entrepreneurship - Answer Starting a new business. 
 
Entrepreneur - Answer A person who starts a business, creating a new product. 
 
Key qualities of a successful entrepreneur/ business leader are - Answer Creative, have common Sense, leader, persistent, have self-confidence, self-reliant, skilled, driven, strength, and specialized in a specific area/knowledge. 
 
Where do the 6 places of business ideas come from: - Answer Spotting an opportunity in an industry 
Pursuin...
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Practice Test Entrepreneurship ASK Certification Questions And 100% Correct Answers.
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---12januari 20262025/2026A+
- One way that an advertising agency can protect the original song is created for a client's television commercial is by obtaining a 
 
A. patent 
B. copyright 
C. trademark 
D. license - Answer B. Copyright 
 
A copyright is legal protection of books and other artistic works granted by government and giving their creators sole rights to them for a certain period of years. An original musical work, such as a song, is a type of intellectual property that can be copyrighted. If an advertisi...
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