Gmetrix test 2 Solved Papers - Questions with Complete Solutions Successful entrepreneurs... - Correct Answers ✅Adaptable , resposnible, tenacious Which characteristic might cause Kim's business to fail? - Correct Answers ✅Kim lacks enthusiasm for the business Based upon his finding, what should this entrepreneur do? - Correct Answers ✅Enroll in a beginning level business accounting course at a local community college Match each type of networking w it's opportunity for info sharing - Correct Answers ✅Your industry-participation in a specialized trade show Local community- attendance at a chamber of competence event Online communities- posting on twitter or LinkedIn Face to face acquaintance- having convos including one sentence elevator speech Which two competitive factors are being addressed by this business opportunity? - Correct Answers ✅Service and quality Which is one of the greatest risks of entrepreneurship? - Correct Answers ✅Loss of money 1 / 2
Gmetrix test 2 Solved Papers - Questions with Complete Solutions Which are the two greatest benefits she might experience by Turing her hobby into a successful business? - Correct Answers ✅Making her own rules, satisfaction What is a primary drawback of starting a new business without purchasing a franchise or buying and existing business? - Correct Answers ✅Greater chance the business will fail Which two are advantages of buying a franchise? - Correct Answers ✅Branding and marketing assistance Which opportunity for staying a florist business would have the highest probability of success? - Correct Answers ✅Buy and existing florist business and enhance it Which opportunity for starting a photography business would have the highest probability of success? - Correct Answers ✅Setup a studio with a gallery of sample photography Match each method of segmentation to its potential customers - Correct Answers ✅Geographic- owners of homes in older neighborhoods Behavioral- homeowners who respond to promotional discounts Demographic- homeowners with higher incomes
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