Strayer BUS 463 Quiz 10 Answers
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Strayer BUS 463 Quiz 10 Answers
1. ____ consists of taking the product or service to a broader geographic area
2. Strategies that involve growth within the industry as a whole are ____ strategies
3. Franchising and licensing are examples of ____.
4. What the franchisee may receive for a fee from the franchiser includes all of the following except ____.
5. High-growth companies display all of the following characteristics except ____.
6. The market factors that affect a firm's ability to grow include all of the following except ____
7. A license agreement is a grant to someone else to use the company's ____ and exploit it in the marketplace by manufacturing, distributing, or using it to create a new product.
8. With a/an ____ strategy, either the company gains control of some or all of its suppliers or it becomes its own supplier by starting another business from scratch or acquiring an existing supplier that has a successful operation.
9. At the first stage of startup success, the main concerns for the entrepreneur include all of the following except ____.
10. A growth mode that may be appropriate for a company that does not wish to invest large amounts of capital in plant, equipment, and employees is ____.
11. During startup, the entrepreneur's main concerns are to ensure sufficient startup capital, ____, and design a way to deliver the product or service.
12. Strategies that exploit opportunities outside the current market or industry are ____ strategies
13. When an entrepreneur attempts to locate new products or businesses that are technologically complementary to the business, she or he is diversifying with a/an ____.
14. Problems during the rapid growth stage are often solved by ____.
15. In the four stages of growth, the ____ stage is characterized by concerns about cash flow and marketing
16. Most product liability insurance covers all of the following except ____.
17. To prepare the best defense against a cash flow crisis, the entrepreneur must be continually committed to all of the following except ____.
18. Groups of hackers that act in the national interests of the country that sponsors them to provide nearly constant attacks on the national security infrastructure of countries are known as ____.
19. The ____ declines for 13 months prior to the onset of a recession
20. The cost of hiring an employee is becoming so high that many companies are solving the problem by ____
21. The ____ takes into account the motives, trustworthiness, and process of the people involved in the risk assessment and generally gives a better result.
22. Which of the following does not describe the career path of an entrepreneur?
23. In a/an ____, the entrepreneur has the ability to cash out a portion of his or her investment and still manage the business for an agreed-upon time when the business is sold at a prearranged price.
24. According to Jerome Katz, women entrepreneurs who are driven by what is going on in their personal lives, such that their entrepreneurial tendencies emerge in spurts, are ____ entrepreneurs.
25. The overall ____ is simply the product of the probability of occurrence times the cost of the impact to the business times the level of significance of that impact.
26. When sales decline and positive cash flow starts looking like a memory, entrepreneurs often go ____.
27. By forcing entrepreneurs to consider multiple outcomes and possibilities, contingency plans help a growing business deal with all of the following except ____.
28. A/An ____ is an employee benefit plan that buys and holds company stock in special employee trust accounts that qualify as retirement accounts for tax purposes.
29. A "prepackaged bankruptcy" can take from four to nine months to complete, rather than the typical nine months to two years, and is possible under ____.
30. ____ plans help a growing business deal with events that regularly—and often without much warning—disrupt the equilibrium of the firm.
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