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Exam (elaborations)

Small Business Management Exam 2: Questions with Correct Answers 2025

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Small Business Management Exam 2: Questions with Correct Answers 2025

Institution
BUSINESS MANAGEMENT
Course
BUSINESS MANAGEMENT









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Institution
BUSINESS MANAGEMENT
Course
BUSINESS MANAGEMENT

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Uploaded on
January 1, 2025
Number of pages
6
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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  • small business management exam 2 questions with c

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Small Business Management Exam 2: Questions
with Correct Answers 2025
Actuating/directingE-ECORRECTEANSWERE-
regulatingEtheEactivitiesEorEcourseEofEactivitiesEofEanEorganization;EtoEguideEand/orEsuperviseEtheEactivitiesE
ofEanEorganization;ErefersEtoEthoseEactivitiesEwhichEencourageEsubordinatesEtoEworkEtowardEtheEachievem
entEofEtheEcompany'sEgoals



angelsE-ECORRECTEANSWERE-
privateEinvestorsEwhoEareEwillingEtoEsupplyEfinancingEforEnewEand/orEriskyEsmallEventureEstartEups



consumerismE-ECORRECTEANSWERE-
theEemphasisEisEplacedEonEprovidingEtoEcustomersEproductsEandEservicesEthatEareEsafe,Ereliable,EandEhones
tlyEadvertised;EalsoEaEsocialEmovementEthatEseeksEtoEstrengthenEtheErightsEofEconsumersErelativeEtoEsellers



controlling/evaluatingE-ECORRECTEANSWERE-
aEmanagementEfunctionEwhichEcomparesEorganizationalEandEindividualEperformanceEwithEpredeterminedE
standardsEofEexpectedEresults



copyrightE-ECORRECTEANSWERE-
theEregisteredErightEofEaEcreatorEtoEreproduce,Epublish,EandEsellEtheEworkEwhichEisEproductEofEtheEintelligen
ceEandEskillEofEthatEperson



corporateErefugeesE-ECORRECTEANSWERE-
thoseEindividualsEwhoEfleeEtheEbureaucraticEenvironmentEofEbigEbusinessEbyEgoingEintoEbusinessEforEthems
elves



delegationEofEauthorityE-ECORRECTEANSWERE-
aEsuperior'sEactEofEgrantingEtoEsubordinates,EonEtheEbasisEofEcompetence,EtheErightEtoEactEorEdecide



antrepenuerE-ECORRECTEANSWERE-
oneEwhoEorganizes,Emanages,EandEassumesEtheEriskEofEaEbusinessEfirmEadventures

, goodwillE-ECORRECTEANSWERE-
anEintangibleEassetEsuchEasEtheEnameEofEtheEfuneralEhome;EalsoEanEintangibleEassetEwhichEenablesEaEbusin
essEtoEearnEprofitEinEexcessEofEtheEnormalErateEofEprofitEearnedEbyEotherEbusinessesEofEtheEsameEkind



intangibleEassetE-ECORRECTEANSWERE-
aEtypeEofEassetEthatEisEnotEableEtoEbeEphysicallyEtouchedEbutEisEretainedEbyEaEsmallEbusinessEbecauseEofEitsE
genuineEvalue



managementE-ECORRECTEANSWERE-
theEartEandEscienceEofEmotivatingEpeopleEtowardEtheEachievementEofEaEgoal;EisEaEprocessEofEplanning,Eorga
nizing,Estaffing,EdirectingEandEcontrollingEactivitiesEinEanEorganizationEinEaEsystemicEwayEinEorderEtoEaEchiefE
aEcommonEgoal



organizingE-ECORRECTEANSWERE-
toEarrangeEorEconstituteEinEinterdependentEparts,EeachEhavingEaEspecificEfunctionEorErelationEwithErespectE
theEwhole;EtheEwayEinEwhichEworkEisEarrangedEandEdisturbedEamongEmembersEofEtheEfirm



patentE-ECORRECTEANSWERE-theEregisteredErightEofEanEinventorEtoEmakeEuseEandEsellEanEinvention



planningE-ECORRECTEANSWERE-
theEfunctionEofEdeterminingEinEadvanceEwhatEneedsEtoEbeEaccomplishedEinEorderEtoEachieveEaEparticularEg
oal



tangibleEassetsE-ECORRECTEANSWERE-aEphysicalEassetEthatEpossessesEgenuineEvalue



tradmarkE-ECORRECTEANSWERE-
anEintangibleEassetEthatEisEaEdistinctEname,Esign,EorEsymbolEthatEtheEfederalEgovernmentEgrantsEexclusiveEri
ghtsEtoEuseEforEspecifiedEperiodEofEtime



artisanEenterpenuerE-ECORRECTEANSWERE-
aEpersonEwithEprimaryEtechnicalEskillsEandElittleEbusinessEknowledgeEwhoEstartsEaEbusiness



founderE-ECORRECTEANSWERE-anEentrepreneurEwhoEbringsEaEnewEfirmEintoEexistence
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