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1. Of the following, the factor generally considered to be the most important in determining the success of a typical convenience store is
A) analysis of distribution
B) promotional programs
C) store site
D) pricing analysis
2. The depth and detail presented in a business plan will depend primarily on the
A) experience of the entrepreneur
B) amount of capital obtained
C) size and scope of the new venture
D) target market of the new venture
3. Which of the following file extensions indicates that the data are compressed?
A) .zip
B) .xml
C) .exe
D) .epub
4. Which of the following actions provides the best advantage for an international high-tech business over its global competitors?
A) Enacting currency controls
B) Applying concepts of planned economies
C) Using developments created from research
D) Paying ad valorem tariffs
5. In Jennifer's workplace, employees are encouraged to participate in problem-solving and quality improvement. Which of the following is true about Jennifer's employer?
A) Her employer practices employee empowerment.
B) Her employer takes a hands-off approach.
C) Her employer needs to be more proactive.
D) Her employer risks encouraging power struggles.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: A |
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