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Question (Category: Business :Management )
BZ450 : Being an Entrepreneur (10 questions) BZ450 : Being an Entrepreneur According to the Global Entrepreneurship Monitor (GEM) 2007 study, the majority of people in high-income countries are drawn to entrepreneurship:to take advantage of an attractive opportunity. due to lack of career prospects. as a result of government incentives. to gain prestige. Economic forces impact the opportunities available to entrepreneurs. Which of the following alternatives reflects a set of economic forces that would be of interest to entrepreneurs?Level of disposable income, new uses of old technologies, and new laws and regulations New technologies, consumer spending patterns, and new laws Interest rates, consumer spending patterns, and level of disposable income Social and cultural trends, level of interest rates, and what people think is quotinquot A(n) __________ is a group of firms producing a similar product or service, such as soft drinks, electronic games, or computers.cluster division sector industry _________ is the process in which an impartial third party helps those involved in a dispute reach an agreement.Conciliation Negotiation Appeasement Mediation _________ is a company39s ability to meet its short-term financial obligations.Liquidity Profitability Stability Efficiency In the context of boards of directors, a(n) __________ is a person who is also an officer of the firm.outside director inside director expert director senior director Once a venture capitalist makes an investment in a firm, subsequent investments are made in rounds and are referred to as:later funding. successive funding. subsequent backing. follow-on funding. Which of the following is the correct sequence of events in regard to the process of selecting a target market and position strategy?Creating a unique positioning strategy, selecting a target market, segmenting the market Segmenting the market, creating a unique positioning strategy, selecting a target market Segmenting the market, selecting a target market, creating a unique positioning strategy Creating a unique positioning strategy, segmenting the market, selecting a target market Which of the following are the four key forms of intellectual property protection?Patents, copyrights, trademarks, and trade secrets Discoveries, covenants, trademarks, patents Patents, official documents, copyrights, inventions Discoveries, Internet domain names, innovations, trademarks _________ costs are the costs a company incurs as it makes sales.Static Flexible Balanced Variable

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