Respuesta :
Answer:
1. One of the unexpected drawbacks of starting your own business is:
Loneliness
2. Meeting clients in person instead of talking with them on the phone can help to reduce _______ when you own your own business.
Loneliness
3. The freedom of working for yourself is necessarily limited by
Your own skills and abilities
4. Which of the following is an example of a franchise?
Radio Shack
5. When you first started your new business, you were so excited about the large volume of orders you had. One year later, you find that your orders are less than half of what they were in the beginning. What is the most probable cause of this decrease in order?
You failed to continue your marketing efforts.
6. As a noncommissioned employee in a company, your pay rate is most likely based on
The going rate for your job
7. After you open your new business is not the best time to
Conduct research on your product
8. The best way to avoid cash flow problems is
Constant marketing
9. A great business idea is
The beginning of a great business.
10. One of the advantages of starting your own business is
Profit
11. Which of the following is an advantage of starting a new business?
You don't have to compensate for someone else's mistakes
12. The number one reason for failure of new business is
Insufficient cash
13. Of all new business, how many make it through their second year
20%
14. What is one of the advantages of buying an existing business?
Its track record lets you know what to expect
15. Of these types of businesses, which one requires the most drive and motivation?
A new business
16. What is the failure rate for a franchise?
5 percent
17. The price for predictability is often
Long-term boredom
18. How will you save money by buying a franchise?
You can get a volume discount on your products
19. Asking yourself "What can I do to build a loyal customer base?" is an example of
Creativity
20. The freedom to make your own decisions can be limited if the business you choose is a
Franchise
All of these are 100% correct answers.
Hope this helps! :)
