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- Multiple Choice: Read and understand the following questions then choose the best option form the choices. Which of the following is the most basic of all management functions? Controlling b. What are considered as positive factors of a business venture? Opportunities and weaknesses c. Strengths and threats d. Which is NOT true in a business plan? It does not detect defect b. What is the most likely the cause of failure of Filipino entrepreneurs? Crab mentality b. The financial statement that shows the financial condition of the business as of a given date. Income statement b. The portion of the business plan that contains the organizational structure, operating expense, capital requirements and cost of goods sold. Market strategies b. This portion of the promotion strategy is a detailed presentation of the publicity strategy of the firm. Advertising aspects b. They sell directly to consumers.Link: https://practicetestfree.com/
- Brokers b. The part of the business plan that indicates the name of the business, the names of the proponents, address and others. Tittle page and contents b. Identification: Read and analyze the following incomplete statements. Choose the right term to make the statement correct or complete. Actual business e. Poor management i. Risks b. Business plan f. Production plan j. SWOT c. Capital g. Goals 1. Income statement is a portion of balance sheet lists the assets of the firm in order of liquidity.Link: https://static1.squarespace.com/static/5fedc00ae1367528108c3ae0/t/5fee246217af6f5d19f8a7cf/1609442409164/tijuxokupovu.pdf
- Balance sheet is a type of financial statement that shows the financial condition of the business as of a given date. Income is a portion of financial data which shows the income, expenses and profits of a firm over a period of time. Money represents the fund requirements to obtain any equipment needed to generate income. Cash flow refers to the difference between total income and total expenses. A well-defined and realistic organizational structure is not an important element of the business plan.Link: https://social.msdn.microsoft.com/Forums/vstudio/en-US/294b37ac-3deb-47a1-943b-cb26f147f93e/dte-and-unit-testing
- The small business operator will find it difficult to compete if his competitors are unknown to him. Public relations are means used to support the sales message like special sales, coupons, contests, premium awards, trade-in, among others. Market strategies refer to what the SBO plans to do to achieve the market objective of the firm or business. Essay: 1. Explain the importance of customer relationship management in achieving a well business venture.Link: https://youtube.com/watch?v=0Z4cjiG6A9g
- What supporting documents may be included in the business plan? Give at least 5. How important is the business plan to the owner? To the prospective investors and lenders? What components are indicated in the operations and management sections of the business plan?Link: https://community.cisco.com/t5/contact-center/run-the-real-time-number-of-the-queue-through-ivr/td-p/4304737
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Sunday, May 23, 2021
Entrepreneurship Final Exam Questions And Answers
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