Answers | 100% Correct| Latest
2025/2026 Update.
Question:
Fill in the blank: Business Development is an art because it consists of
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_____.?
Answer:
Both a & c
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(Image-building & Relationship development) i,- i,- i,-
Question:
Fill in the blank: Business development is a science because it consists of
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_____.?
Answer:
Both a & b
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(Consulting & Turning relationships into project opportunities)
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Question:
Typically how long is the Long Sales Cycle in construction??
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Answer:
Between 6 months and several years
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,Question:
What is intrapreneurship??
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Answer:
Starting a business within the confines of an existing business
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Question:
Multiple Answer: Which of the following do both intrapreneurial firms and
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venture capital firms provide??
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Answer:
Advice; Seed Money i,- i,-
Question:
Which of the following is a reason big businesses often fail when
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implementing new branches or businesses within their business??
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Answer:
All of the above
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Question:
When creating a new business unit, what is the first phase??
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Answer:
Strategy
Question:
, In which of the following phases of business creation does a team take on
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the full responsibility of a business unit??
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Answer:
Launch Funding i,-
Question:
Which of the following would be an example of "micro seed innovation"??
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Answer:
Providing employees within a company with a fixed amount of
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discretionary funds to start their own intrapreneurial ventures
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Question:
Multiple Answer: When you start a new job you often sign an employer
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agreement that outlines which of the following?? i,- i,- i,- i,- i,- i,-
Answer:
Rules against using company resources for personal work; Intellectual
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Property Rights i,-
Question:
Once you decide on a name for your business, which of the following is
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the first action you should take??
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Answer:
Form a corporation or a limited liability company
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Question: