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MGMT 485 Exam 1 Questions AND Correct Answers

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MGMT 485 Exam 1 Questions AND Correct Answers

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MGMT 485 Exam 1 Questions AND Correct Answers
10 years. - ✔✔The initial registration for a trademark lasts:


a capsule-free, flange-top bottle design. - ✔✔In 1994 Robert
Mondavi came up with:


A company must be willing to invest money without a
guarantee of a return in the short term - ✔✔Which of the
following is true about corporate entrepreneurship?


A moderator leads the group in an open, in-depth discussion. -
✔✔Focus groups use which of the following methods?


A reflection task - ✔✔An entrepreneur considering if what
they are doing makes sense is an example of:


age, education and lack of use - ✔✔Creativity declines with


allow a member of the deceased partner's family take over as
a partner. - ✔✔Sole proprietorships:

,Amazon - ✔✔Zappos, under a cash flow crunch, was bought
out by _______.


Analyzing and interpreting the results - ✔✔Which stage of
marketing research is considered to be the most difficult for
an entrepreneur due to lack of knowledge or experience in
marketing?


are incurred regardless of sales volume. - ✔✔Fixed expenses:


are liable only for the amount of their capital contributions. -
✔✔In a limited partnership, the limited partners:


brainstorming. - ✔✔Probably the most well known and widely
used technique for creative problem solving is:


business method patent. - ✔✔Priceline.com's service where a
buyer can submit a price bid for a particular service is an
example of a:


can lead to a technology that is the basis for a new entry. -
✔✔Technological knowledge:

, capital - ✔✔The _____ budget is used to evaluate
expenditures that will impact the business for more than one
year.


character - ✔✔Investors often place more emphasis on the
entrepreneur's _________ than lenders do.


claims section. - ✔✔The section of the patent application
which provides the criteria by which any infringement will be
determined is the:


Competitors - ✔✔Which of the following interested parties
should not have access to the venture's business plan?


Comprehension questions - ✔✔Questions designed to
increase an entrepreneurs' understanding of the nature of the
environment are known as:


Corporation - ✔✔In which of the legal forms of ownership is
transferability of interest the easiest?

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