1. Assuming you own a home, where would the appraisal value of your home go in a oersonal balance sheet?
A. Under liabilities.
B. Under assets.
C. under both the equity and the liabilities sections
Answer C
2. When you work within an organization,you're typically not taught to
A. Follow a supervised plan for managing your time.
B. Act as your own supervisor.
C. Act in ways that are derived from established procedures.
Answer B
3. In working out your plan for pricing your products, you decide to keep your prices at about the same level as similar businesses in adjoining states. This could best be described as a --- approach .
A. Skimming
B. Simple Comparison
C. Market Penetration
Answer C
4. An entrepreneur estimating cost for a new business tends to avoid looking at the.
A. escalating costs of raw materials
B. Inevitability of things going wrong
C. Costs associated with hiring personnel
Answer c
5. As you manage your peronal finances, you'll probably want to pay attention to general conditions in the economy. One general concern for most people managing their day-to-day finances would be.
A. current interest rates
B. The international labor market
C. Good deals in major real estate ventures
Answer A
6. Prior to opening your new gift shop, you'll want to locate dependable suppliers before completing the --- process.
A. Research
B. Planning
C. Operations
answer A
7. Beacuse consumers today are presented with so many choices, it's generally best if your advertising is.
A. Persistent to the point of being annoying
B. Targeted to the demographic profile of the potential customer
C. Consistent with your highest values
Answer B
8. You've decided that you want to get household budget under control so you can increase the proportion of money you devote to savings. your first will be to
A. Check out wise investments
B. Think about how you most enjoy spending your time
C. Keep track of your expenses for a period of time
Answer C
9. you're in the process of setting up a business plan. In particular, you're thinking about how to work your plan. you need to fcus on two process considerations. The first concerns organization of the business; the second concerns the operations of the business, such as
A. deciding who will do what and when
B. Contacting potential investors
C. working out your mission statement.
Answer A
4 answers
more of her careful attention when she considers the progress your business will make?
a
d
d
c
a
c
b
a
d