In order to start "For Kidz" successfully, Jamie needs all of the following elements to come together EXCEPT

In order to start "For Kidz" successfully, Jamie needs all of the following elements to come together EXCEPT

A. boundary.
B. recruitment.
C. intention.
D. exchange.


Answer: B

Jamie should be aware that all of the following are myths about a small business EXCEPT

Jamie should be aware that all of the following are myths about a small business EXCEPT

A. there is not enough financing to start businesses.
B. you need to make something if you are going to make money.
C. you can never try again if you fail.
D. the biggest hurdle facing an individual considering a business opportunity is inaction.


Answer: D

Given that "For Kidz" will be a small business in a rural area, which of the following characteristics would be true?

Given that "For Kidz" will be a small business in a rural area, which of the following characteristics would be true?

A. Its focus should be on effectiveness
B. The approach to human resources should be to professionalize
C. Metastrategy should be imitation
D. It should grow when possible


Answer: C

If Jamie gets "For Kidz" up and running, he could be described as all of the following EXCEPT

If Jamie gets "For Kidz" up and running, he could be described as all of the following EXCEPT

A. founder.
B. owner-manager.
C. independent small business.
D. franchisor.


Answer: D

Where can Jamie go to get some help with his business idea?

Where can Jamie go to get some help with his business idea?

A. Small Business Development Center
B. U.S. Department of Commerce office
C. Incubator
D. Small Business Administration Center


Answer: A

This is the degree of attention your target market pays to your idea or organization.

This is the degree of attention your target market pays to your idea or organization.

A. Efficiency
B. Identity
C. Mindshare
D. Growth


Answer: C