GB 370 QUIZ 2 - ENTREPRENEUR 2025/26
QUESTIONS WITH 100% PASSED ANSWERS.
1 of 58
Definition
Where you describe how your business will function on a daily basis
- logistics, responsibilities of each member, the capital and expense
requirements for operating the business
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Operations and management
Financial plan
plan
, Design and development plan Company description
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2 of 58
Definition
When two parties need more help working out a solution - they can
hire a neutral third party - the result is a written agreement to settle
the dispute; both parties share the mediation costd
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Negotiation Litigation
Arbitration Mediation
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3 of 58
Definition
where you describe and analyze potential customers - who & where
they are, what makes them buy, and so on - this is where you
describe the completion and how you will position yourself to
beat it
, Give this one a try later!
Operations and management plan The business concept
The marketplace section The financial section
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4 of 58
Term
How lawyers bill their time:
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1. Executive summary
2.Business description
3. Market strategies
4. Competitive analysis
5. Design and development plan
6.Operations and management plan
7.Financial factors
Where you describe how your business will function on a daily basis - logistics,
responsibilities of each member, the capital and expense requirements for
operating the business
1. Hourly/per diem rate
2.Flat fee
3. Monthly retainer
4. Contingent fee
5.Value billing
, It conveys your business goals and the strategies you'll use to meet them,
potential problems that may confront your business and ways to solve the, the
organizational structure of your business, and the amount of capital required to
finance your venture and keep it going until it breaks even
Don't know?
5 of 58
Definition
Design - throughly describe the products design and materials used
Development - generally covers these three 1)product development,
2) market development, 3) organizational development
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In a general partnership... Secondary research
A limited partnership... Design and development plan
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6 of 58
Term
What exactly is market research?
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QUESTIONS WITH 100% PASSED ANSWERS.
1 of 58
Definition
Where you describe how your business will function on a daily basis
- logistics, responsibilities of each member, the capital and expense
requirements for operating the business
Give this one a try later!
Operations and management
Financial plan
plan
, Design and development plan Company description
Don't know?
2 of 58
Definition
When two parties need more help working out a solution - they can
hire a neutral third party - the result is a written agreement to settle
the dispute; both parties share the mediation costd
Give this one a try later!
Negotiation Litigation
Arbitration Mediation
Don't know?
3 of 58
Definition
where you describe and analyze potential customers - who & where
they are, what makes them buy, and so on - this is where you
describe the completion and how you will position yourself to
beat it
, Give this one a try later!
Operations and management plan The business concept
The marketplace section The financial section
Don't know?
4 of 58
Term
How lawyers bill their time:
Give this one a try later!
1. Executive summary
2.Business description
3. Market strategies
4. Competitive analysis
5. Design and development plan
6.Operations and management plan
7.Financial factors
Where you describe how your business will function on a daily basis - logistics,
responsibilities of each member, the capital and expense requirements for
operating the business
1. Hourly/per diem rate
2.Flat fee
3. Monthly retainer
4. Contingent fee
5.Value billing
, It conveys your business goals and the strategies you'll use to meet them,
potential problems that may confront your business and ways to solve the, the
organizational structure of your business, and the amount of capital required to
finance your venture and keep it going until it breaks even
Don't know?
5 of 58
Definition
Design - throughly describe the products design and materials used
Development - generally covers these three 1)product development,
2) market development, 3) organizational development
Give this one a try later!
In a general partnership... Secondary research
A limited partnership... Design and development plan
Don't know?
6 of 58
Term
What exactly is market research?
Give this one a try later!
