ENT 1 2.12 & 2.13 Objective Quiz

Description

ENT 1 2.12 & 2.13 Objective Quiz
Chad Collins
Quiz by Chad Collins, updated more than 1 year ago
Chad Collins
Created by Chad Collins about 7 years ago
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Resource summary

Question 1

Question
An individual who takes action when he or she is unsure of the outcome is able to perform which action?
Answer
  • Tolerate ambiguity
  • Demonstrate sincerity
  • Show empathy
  • Resolve conflicts

Question 2

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

Question 3

Question
Which is a characteristic of a well-conducted feasibility study?
Answer
  • Subjective
  • Abbreviated
  • General
  • Complete

Question 4

Question
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?
Answer
  • 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?
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