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Question
Stacey Wills, who is at heart a craftsperson, recently started a firm to manufacturer a new innovative food blender. Stacey's desire is to sell her food blender to as many people as possible, because she firmly believes in the merits of her product. Stacey's story best illustrates which of the following characteristics, or attributes, of a successful entrepreneur?
A) product/customer focus
B) execution intelligence
C) tenacity despite failure
D) a desire to please consumers
E) a desire to gain financial rewards
Answer
This answer is hidden. It contains 1 characters.
Related questions
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A) is less than 20 years old
B) could be licensed to another company
C) has value in the marketplace
D) is something that was developed "in-house"
E) rightfully belongs to the firm or the employees who developed it
Q:
Once a firm has segmented the market, the next step is to:
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B) select a critical market
C) select a target market
D) select a focal market
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B) market subdividing
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Q:
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C) segmenting the market, selecting a target market, creating a unique positioning strategy
D) selecting a target market, creating a unique positioning strategy, segmenting the market
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Q:
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Q:
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A) value-based pricing
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In ________, the list price of an item is determined by adding a markup percentage to a product's cost.
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C) value-based pricing
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Q:
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A) tribute account
B) reference account
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Q:
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Q:
What is an elevator speech? How did it get its name?
Q:
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Q:
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Q:
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Q:
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Q:
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Q:
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B) The federal government has grant programs beyond the SBIR and STTR programs.
C) It's important to avoid grant-related scams.
D) There are a limited number of organizations that offer new businesses grants.
E) There are private foundations that grant money to both existing and startup firms.
Q:
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Q:
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D) provider of vendor credit
E) crowdfunding network
Q:
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A) 12 and 18
B) 17 and 21
C) 22 and 29
D) 35 and 40
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Q:
Debt financing involves:
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B) selling corporate bonds or selling stock via an IPO
C) getting a grant or selling corporate bonds
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Q:
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A) pitch show
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Q:
Which of the following statement is not correct regarding business angels?
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B) The number of angel investors has decreased dramatically over the past decade.
C) Business angels usually take a seat on the board of directors of the firms in which they invest.
D) Business angels are valuable because of their willingness to make relatively small investments.
E) Business angels are difficult to find.
Q:
Which of the following set of characteristics places a startup in the strongest position to apply for equity funding?
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