ADMN 100 FINAL QUESTIONS AND CORRECT ANSWERS ALREADY
PASSED
All cof cthe cfollowing cfactors care cgenerally ccited cto cexplain cthe csuccess cof csmall cbusiness cowners cexcept c__. c
A. cLack cof cControl
B. cmanagerial ccompetence c
C. cMarkwt cdemand cfor cthe cproduct c
D. cDrive cand cdeditcation
E. cLuck c- cCORRECT cANS✔✔A. cLack cof ccontrol cmight clead cto cfailure, cnot csuccess.
All cof cthe cfollowing cfactors care cgenerally ccited cto cexplain cthe creasons cwhy csmall cbusinesses cfail cexcept c__. c
A. cNeglect c
B. cAccess cto cresources
C. cInsufficient ccapital
D. cManagerial cincompetence c
E. cWeak ccontrol csystems c- cCORRECT cANS✔✔B. cAccess cto cresources
For cbasic cfactors cexplain cmost csmall cbusiness csuccess: chard cwork, c__, cManagerial ccompetence, cand c__.
A. cA cbusiness cplan: cmarket cdemand
B. cMarket cdemand: cluck
C. cFamily csupport: ccollateral
D. cCollateral: ca cbusiness cplan
E. cSales cforecast: cluck c- cCORRECT cANS✔✔B. cmarket cdemand: cluck.
Four cfactors ccontribute cto csmall cbusiness cfailure:_, cneglect, cwe ccontrol csystems, cand_.
A. cBad cluck: cowners chealth cissues
B. cA cpoorly cwritten cbusiness cplan: cmarket cdemand
C. cInexperienced: cinsufficient ccapital
D. cPoor ccollateral: cgovernment cregulations
E. cOptimistic csales cforecast: cbad cluck c- cCORRECT cANS✔✔C. cInexperienced: cinsufficient ccapital
A cmajor cdisadvantage cof csole cproprietorship cis c_.
A. cHigh cstart cup ccosts
B. cLimited cliability
C. cLack cof ccontrol
D. cLack cof cgovernment csupport
E. cUnlimited cliability c- cCORRECT cANS✔✔E. cUnlimited cLiability
General cpartners chave_, cwell climited cpartners chave_. c- cCORRECT cANS✔✔The climited cpartners ccannot cparticipate cin cthe
cday-to-day cmanagement cof cthe cbusiness care cthey crisk cthe closs cof ctheir climited cliability cstatus. cGeneral cpartners chave
cunlimited cliability, cwell climited cpartners chave climited cliability.
As cpartners, cBrooke cis ca c(n)__ cbecause cshe cis cactually cinvolved cin cthe cday-to-day coperations cof cthe cbusiness, cwill cJulia cis
ca c(n)__ cbecause cshe cis cjust can cinvestor. c- cCORRECT cANS✔✔General cPartner; cLimited cPartner. cThe climited cpartners
ccannot cparticipate cin cthe cday-to-day cmanagement cof cthe cbusiness care cthey crisk cthe closs cof ctheir climited cliability cstatus.
A c(n)__ cIs ca cbusiness cwhose cshares cof cstock care cheld cby conly ca cfew cshareholders cand care cnot cwidely cavailable cfor
cpurchase. c- cCORRECT cANS✔✔Private ccorporation. cThe ccontrol cand cgroup cmay cbe ca cfamily, cEmployees, cor ca
cmanagement cgroup. cPattison cand cCorque cdu cSoleil care ctwo cwell cknown cCanadian cprivate ccorporations.
Which cof cthe cfollowing cdescribes cthe cvalue cof cinvesting cin cthe cpeople cwho ccomprise can corganization?
A. cHuman ccapital
B. cTalent cmanagement
PASSED
All cof cthe cfollowing cfactors care cgenerally ccited cto cexplain cthe csuccess cof csmall cbusiness cowners cexcept c__. c
A. cLack cof cControl
B. cmanagerial ccompetence c
C. cMarkwt cdemand cfor cthe cproduct c
D. cDrive cand cdeditcation
E. cLuck c- cCORRECT cANS✔✔A. cLack cof ccontrol cmight clead cto cfailure, cnot csuccess.
All cof cthe cfollowing cfactors care cgenerally ccited cto cexplain cthe creasons cwhy csmall cbusinesses cfail cexcept c__. c
A. cNeglect c
B. cAccess cto cresources
C. cInsufficient ccapital
D. cManagerial cincompetence c
E. cWeak ccontrol csystems c- cCORRECT cANS✔✔B. cAccess cto cresources
For cbasic cfactors cexplain cmost csmall cbusiness csuccess: chard cwork, c__, cManagerial ccompetence, cand c__.
A. cA cbusiness cplan: cmarket cdemand
B. cMarket cdemand: cluck
C. cFamily csupport: ccollateral
D. cCollateral: ca cbusiness cplan
E. cSales cforecast: cluck c- cCORRECT cANS✔✔B. cmarket cdemand: cluck.
Four cfactors ccontribute cto csmall cbusiness cfailure:_, cneglect, cwe ccontrol csystems, cand_.
A. cBad cluck: cowners chealth cissues
B. cA cpoorly cwritten cbusiness cplan: cmarket cdemand
C. cInexperienced: cinsufficient ccapital
D. cPoor ccollateral: cgovernment cregulations
E. cOptimistic csales cforecast: cbad cluck c- cCORRECT cANS✔✔C. cInexperienced: cinsufficient ccapital
A cmajor cdisadvantage cof csole cproprietorship cis c_.
A. cHigh cstart cup ccosts
B. cLimited cliability
C. cLack cof ccontrol
D. cLack cof cgovernment csupport
E. cUnlimited cliability c- cCORRECT cANS✔✔E. cUnlimited cLiability
General cpartners chave_, cwell climited cpartners chave_. c- cCORRECT cANS✔✔The climited cpartners ccannot cparticipate cin cthe
cday-to-day cmanagement cof cthe cbusiness care cthey crisk cthe closs cof ctheir climited cliability cstatus. cGeneral cpartners chave
cunlimited cliability, cwell climited cpartners chave climited cliability.
As cpartners, cBrooke cis ca c(n)__ cbecause cshe cis cactually cinvolved cin cthe cday-to-day coperations cof cthe cbusiness, cwill cJulia cis
ca c(n)__ cbecause cshe cis cjust can cinvestor. c- cCORRECT cANS✔✔General cPartner; cLimited cPartner. cThe climited cpartners
ccannot cparticipate cin cthe cday-to-day cmanagement cof cthe cbusiness care cthey crisk cthe closs cof ctheir climited cliability cstatus.
A c(n)__ cIs ca cbusiness cwhose cshares cof cstock care cheld cby conly ca cfew cshareholders cand care cnot cwidely cavailable cfor
cpurchase. c- cCORRECT cANS✔✔Private ccorporation. cThe ccontrol cand cgroup cmay cbe ca cfamily, cEmployees, cor ca
cmanagement cgroup. cPattison cand cCorque cdu cSoleil care ctwo cwell cknown cCanadian cprivate ccorporations.
Which cof cthe cfollowing cdescribes cthe cvalue cof cinvesting cin cthe cpeople cwho ccomprise can corganization?
A. cHuman ccapital
B. cTalent cmanagement
