BA109 Exam PART 2 UPDATED Exam
Questions and CORRECT Answers
Entrepreneurs choose to enter their particular business fields because they have an interest in
them and enjoy those lines of work. They have often made their hobbies their business. -
Correct Answer- True
Women in business still experience ________ as they attempt to break the "glass ceiling." -
Correct Answer- discrimination
Not all family-owned businesses are small; in fact, approximately one-third of the Fortune
500 companies are family businesses. - Correct Answer- True
An often fatal error made by many small business owners is to open their businesses on a
"shoestring," causing them to be undercapitalized. - Correct Answer- True
Expanding a business usually requires no significant changes in structure or business
practices. - Correct Answer- False
Because they have college degrees, a working knowledge of business, and years of
management experience, both corporate castoffs and corporate dropouts who become
entrepreneurs will most likely increase the small business survival rate. - Correct Answer-
True
________ percent of all U.S. businesses are family owned and managed. - Correct Answer-
Ninety
One hallmark of successful entrepreneurs is the ability to: - Correct Answer- fail intelligently.
"Constantly being practical" is a mental block that can stifle creativity. - Correct Answer-
True
This set of experiences may enhance individual creativity. - Correct Answer- All of these
, Creativity and innovation are the signature of small, entrepreneurial businesses. - Correct
Answer- True
Entrepreneurs can encourage creative thinking in their employees by setting examples of
creative behavior and rewarding creative behavior when exhibited by their employees. -
Correct Answer- True
Trade dress is the unique combination of elements that a company uses to create a products
image and to promote it. - Correct Answer- True
The right brain takes care of the body's emotional, intuitive, and spatial functions. - Correct
Answer- True
The U.S. Copyright Office does not require registering the creative work because registering
it does not give creators greater protection over their work. - Correct Answer- False
Which hemisphere of the brain is responsible for the body's emotional, intuitive, and spatial
functions? - Correct Answer- Right hemisphere
Steps in the patent process include: - Correct Answer- All of these
The right brain processes information intuitively-all at once, relying heavily on images. -
Correct Answer- True
"Divergent thinking" is the ability to see similarities and connections among various data and
events. - Correct Answer- False
Hiring a diverse workforce makes it more difficult to achieve creativity in the workplace. -
Correct Answer- False
Although developing a strategic plan is important for large companies, it is not essential to
managing a small company successfully because of its limited resources. - Correct Answer-
False
Questions and CORRECT Answers
Entrepreneurs choose to enter their particular business fields because they have an interest in
them and enjoy those lines of work. They have often made their hobbies their business. -
Correct Answer- True
Women in business still experience ________ as they attempt to break the "glass ceiling." -
Correct Answer- discrimination
Not all family-owned businesses are small; in fact, approximately one-third of the Fortune
500 companies are family businesses. - Correct Answer- True
An often fatal error made by many small business owners is to open their businesses on a
"shoestring," causing them to be undercapitalized. - Correct Answer- True
Expanding a business usually requires no significant changes in structure or business
practices. - Correct Answer- False
Because they have college degrees, a working knowledge of business, and years of
management experience, both corporate castoffs and corporate dropouts who become
entrepreneurs will most likely increase the small business survival rate. - Correct Answer-
True
________ percent of all U.S. businesses are family owned and managed. - Correct Answer-
Ninety
One hallmark of successful entrepreneurs is the ability to: - Correct Answer- fail intelligently.
"Constantly being practical" is a mental block that can stifle creativity. - Correct Answer-
True
This set of experiences may enhance individual creativity. - Correct Answer- All of these
, Creativity and innovation are the signature of small, entrepreneurial businesses. - Correct
Answer- True
Entrepreneurs can encourage creative thinking in their employees by setting examples of
creative behavior and rewarding creative behavior when exhibited by their employees. -
Correct Answer- True
Trade dress is the unique combination of elements that a company uses to create a products
image and to promote it. - Correct Answer- True
The right brain takes care of the body's emotional, intuitive, and spatial functions. - Correct
Answer- True
The U.S. Copyright Office does not require registering the creative work because registering
it does not give creators greater protection over their work. - Correct Answer- False
Which hemisphere of the brain is responsible for the body's emotional, intuitive, and spatial
functions? - Correct Answer- Right hemisphere
Steps in the patent process include: - Correct Answer- All of these
The right brain processes information intuitively-all at once, relying heavily on images. -
Correct Answer- True
"Divergent thinking" is the ability to see similarities and connections among various data and
events. - Correct Answer- False
Hiring a diverse workforce makes it more difficult to achieve creativity in the workplace. -
Correct Answer- False
Although developing a strategic plan is important for large companies, it is not essential to
managing a small company successfully because of its limited resources. - Correct Answer-
False
