Which part of the business model canvas serves as checklist

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Reference no: EM132286818

1. Which part of the business model canvas serves as a checklist of the things that an entrepreneur must do to ensure a successful launch and to sustain the growth of the? business?

A. Revenue streams

B. Key partners

C. Customer relationships

D. Key activities

E. Value proposition

2. A? ________ is a course correction that an entrepreneur makes to keep his or her company fixed on his or her original vision but changes the direction in which the company is moving.

A. pivot

B. compass bearing

C. dead reckoning

D. azimuth

E. minimum viable product

3. An entrepreneur who divides the amount of available cash remaining in the business by the negative cash flowing from the business each month is calculating? the:

A. payback period

B. return on investment

C. time out of cash

D. capital requirement

E. estimated earnings

4. Which of the following statements concerning making a business plan presentation is false??

A. When making a business plan? presentation, an entrepreneur should begin with a? thorough, detailed, and highly technical explanation of the technology on which the product or service is based.

B. ?Typically, the amount of time an entrepreneur has to present his or her plan is no more than just a few minutes.

C. A business plan presentation should demonstrate a? company's competitive? edge, the combination of factors that set it apart from the competition.

D. A business plan presentation should include an explanation of the? company's business model dash how it intends to satisfy? customers' needs, generate? revenue, and make a profit.

E. Before making a business plan? presentation, an entrepreneur should? rehearse, rehearse, and rehearse again.

5. The principal cause of ethical lapses? is:

A. employees who feel pressure to do whatever it takes to meet business targets.

B. employees who are unfamiliar with the ethical standards that apply to their jobs.

C. employees who bend the rules for personal gain.

D. employees who fear losing their jobs if the business does not meet its goals.

E. employees who believe they will be rewarded for results and not the means used to achieve them.

7. Which of the following statements is true??

A. On college? campuses, entrepreneurship is declining in popularity as a course of study.

B. ?Globally, the rate of entrepreneurship is highest among people between the ages of 25 and 44.

C. Small businesses account for 75 percent of U.S. export sales.

D. More than 90 percent of small businesses have Web sites.

E. The rapid growth in the manufacturing sector in the United? States, which is responsible for nearly 83 percent of all jobs and nearly 80 percent of? GDP, accounts for the majority of business? start-ups.

Reference no: EM132286818

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