Professional Documents
Culture Documents
2 out of 2 points
The impact on the individual of the widespread loss of corporate jobs has been
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Question 2
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The attitude toward entrepreneurship among decision makers at the World Bank seems to be
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it doesnt offer much in dealing with problems of the size faced in many areas around the world.
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Question 3
One of the transformations of business in the new world order is steady growth in
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service industries.
Question 4
2 out of 2 points
Some writers claim that we may see fewer and fewer jobs in our economy in the future because
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Question 5
2 out of 2 points
Question 6
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The vitality of entrepreneurship versus that of big business during recent years has been
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greater.
Question 7
2 out of 2 points
has been the chief source of economic vigor for the last several years in the US.
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Question 8
Question 9
2 out of 2 points
The I know what it cost me approach to the determination of the selling price of a business
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Question 10
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Question 11
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Question 12
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One-man shows are firms closely linked to the current owner; these businesses
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Question 13
2 out of 2 points
The two basic considerations that should be included in determining the price of a business include
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Question 14
2 out of 2 points
In negotiating with an owner for the purchase of her business, you should
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listen to what the owner says but verify the information later and dig deeper.
Question 15
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Question 16
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Question 17
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Question 18
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Part of the risk associated with the start-up of a new business is that
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Question 19
0 out of 2 points
Less time and effort are required to take over an existing business than to start a new one because
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Question 20
2 out of 2 points
Question 21
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Question 22
2 out of 2 points
Among the advantages of buying an existing business, over the option of starting one, are the following:
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Question 23
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Question 24
2 out of 2 points
With regard to a statement of projected income made by the franchiser to help you evaluate a franchise,
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any statement is required by law to be backed by substantiation and therefore you are not likely to get one.
2 out of 2 points
Question 25
Because of the requirements of the job, or role, of the franchisee, the best combination might be that of a blend of
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Question 26
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Question 27
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Business-format franchising
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Question 28
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Question 29
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The type of franchising with the broadest range of services provided to the franchisee by the company is
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manufacturing.
Question 30
0 out of 2 points
The findings of the Australian study comparing the personalities of franchisees with those of conventional entrepreneurs shows
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Question 31
2 out of 2 points
Here in the U.S., ________ franchising accounts for nearly 75 percent of all franchised outlets.
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business-format
Question 32
2 out of 2 points
Among the types of service frequently provided by the franchiser to aid in start-up is
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Question 33
2 out of 2 points
A comparison of survival rate of franchised outlets, over a four-year period, with those of independent businesses showed
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Question 34
2 out of 2 points
Question 35
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The most important single element for the prospective franchisee to investigate is
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the franchiser.
Question 36
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Question 37
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Question 38
2 out of 2 points
Question 39
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Question 40
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