ENFB 4170 EXAM 1 QUESTIONS WITH VERIFIED
ANSWERS
Correct 147
Incorrect
1 of 147
Term
entrepreneurs should be warned that _____________ hustle can have serious
consequences
Give this one a try later!
strategic overzealous
methodical cautious
Don't know?
2 of 147
Definition
,what consumers want + what your brand does best + what your
competitor does best
Give this one a try later!
Starbucks Reward Program (Omni-
Dumb Zone (Product Positioning)
Channel)
E-commerce Risky Zone (Product Positioning)
Don't know?
3 of 147
Term
For the fitness app, the ______ might be the projected number of users
the startup can acquire within the first year in key cities where they plan
to launch, based on marketing budget and competition.
Give this one a try later!
ROM TAM
SAM SOM
, Don't know?
4 of 147
Definition
one of the largest food distributors in the United States, providing food
and non-food products to restaurants, healthcare, and educational
facilities
Give this one a try later!
Sysco Corporation Dealers And Distributors
Service Aggregators CarMax
Don't know?
5 of 147
Term
can entrepreneurial hustle create or destroy momentum when things
have slowed down or stopped?
Give this one a try later!
, treat analyze
hustle create
Don't know?
6 of 147
Definition
(Starting Cash - Ending Cash) / Number of Months
Give this one a try later!
Churn Rate =
Burn Rate =
Value-Added Resellers (VARs)
Suppose you own a small bakery and you sell a cake for $50. The cost to produce
the cake, including ingredients, labor, and overhead, is $30. Calculate the Profit
Margin
Don't know?
7 of 147
ANSWERS
Correct 147
Incorrect
1 of 147
Term
entrepreneurs should be warned that _____________ hustle can have serious
consequences
Give this one a try later!
strategic overzealous
methodical cautious
Don't know?
2 of 147
Definition
,what consumers want + what your brand does best + what your
competitor does best
Give this one a try later!
Starbucks Reward Program (Omni-
Dumb Zone (Product Positioning)
Channel)
E-commerce Risky Zone (Product Positioning)
Don't know?
3 of 147
Term
For the fitness app, the ______ might be the projected number of users
the startup can acquire within the first year in key cities where they plan
to launch, based on marketing budget and competition.
Give this one a try later!
ROM TAM
SAM SOM
, Don't know?
4 of 147
Definition
one of the largest food distributors in the United States, providing food
and non-food products to restaurants, healthcare, and educational
facilities
Give this one a try later!
Sysco Corporation Dealers And Distributors
Service Aggregators CarMax
Don't know?
5 of 147
Term
can entrepreneurial hustle create or destroy momentum when things
have slowed down or stopped?
Give this one a try later!
, treat analyze
hustle create
Don't know?
6 of 147
Definition
(Starting Cash - Ending Cash) / Number of Months
Give this one a try later!
Churn Rate =
Burn Rate =
Value-Added Resellers (VARs)
Suppose you own a small bakery and you sell a cake for $50. The cost to produce
the cake, including ingredients, labor, and overhead, is $30. Calculate the Profit
Margin
Don't know?
7 of 147
