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Chapter:

50+ Unit 2 Solved MCQs

in Entrepreneurship and Small Business Management

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Master of Business Administration (MBA) .

Chapters

Chapter: Unit 2
51.

Equity investors often place more emphasis on the entrepreneur's _________ than lenders do.

A. character
B. experience
C. financial records
D. personal viewpoint
Answer» A. character
52.

Which of the following documents is not usually included in the Financial Plan?

A. Statement of cash flows
B. Income statement
C. Price lists from suppliers
D. Projected balance sheet
Answer» C. Price lists from suppliers
53.

_______ identifies potential hazards and alternative strategies to meet business plan goals and objectives.

A. Assessment of risk
B. Financial planning
C. Alternative planning analysis
D. The financial plan
Answer» A. Assessment of risk
54.

All of the following are questions that should be considered in the environmental and industry analysis section of the business plan except:

A. what are total industry sales over the past five years?
B. Who are the nearest competitors?
C. What is my promotional strategy?
D. What is anticipated growth in this industry?
Answer» C. What is my promotional strategy?

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