FBLA Entrepreneurship Test Questions with 100% correct answers

Most startup companies can expect to need _____ capital than they anticipate. correct answersMore The primary cause of small business failures is: correct answersManagement Mistakes Entrepreneurs tend to be overly ______ and misjudge the ______ requirements to start a new business. correct answersOptimistic; Financial The ability to develop new ideas is known as: correct answersCreativity Which one of the following is usually included on the cover page of the business plan? correct answersDisclaimer Which one of the following management skills should a prospective team member possess? correct answersPrepared to Recruit High-Quality People Which one of the following is not true regarding a business plan? correct answersA business plan is a document that describes the success factor of an ongoing business. Which one of the following is not a part of the executive summary section of the Business Plan? correct answersCompetition Information