Chad Collins
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ENT 1 2.12 & 2.13 Objective Quiz

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Chad Collins
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ENT 1 2.12 & 2.13 Objective Quiz

Question 1 of 4

1

An individual who takes action when he or she is unsure of the outcome is able to perform which action?

Select one of the following:

  • Tolerate ambiguity

  • Demonstrate sincerity

  • Show empathy

  • Resolve conflicts

Explanation

Question 2 of 4

1

The primary purpose of a feasibility study is to answer which question?

Select one of the following:

  • What are the opportunity costs of this project?

  • What technology will be needed for this project?

  • Should we proceed with this project?

  • Is this business plan valid?

Explanation

Question 3 of 4

1

Which is a characteristic of a well-conducted feasibility study?

Select one of the following:

  • Subjective

  • Abbreviated

  • General

  • Complete

Explanation

Question 4 of 4

1

Ben is conducting a feasibility study for a new venture idea. Which question should Ben answer in terms of the financial considerations for the venture?

Select one of the following:

  • How will the business obtain the money it needs?

  • What regulations is the business likely to encounter?

  • Is there a real demand for the idea, good, or service?

  • How will the business communicate information about its products?

Explanation

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