Gmetrix test 2 Questions With 100% Correct!!

Successful entrepreneurs... - Adaptable , resposnible, tenacious Which characteristic might cause Kim's business to fail? - Kim lacks enthusiasm for the business Based upon his finding, what should this entrepreneur do? - Enroll in a beginning level business accounting course at a local community college Match each type of networking w it's opportunity for info sharing - Your industry-participation in a specialized trade show Local community- attendance at a chamber of competence event Online communities- posting on twitter or LinkedIn Face to face acquaintance- having convos including one sentence elevator speech Which two competitive factors are being addressed by this business opportunity? - Service and quality Which is one of the greatest risks of entrepreneurship? - Loss of money Which are the two greatest benefits she might experience by Turing her hobby into a successful business? - Making her own rules, satisfaction What is a primary drawback of starting a new business without purchasing a franchise or buying and existing business? - Greater chance the business will fail Which two are advantages of buying a franchise? - Branding and marketing assistance Which opportunity for staying a florist business would have the highest probability of success? - Buy and existing florist business and enhance itWhich opportunity for starting a photography business would have the highest probability of success? - Setup a studio with a gallery of sample photography Match each method of segmentation to its potential customers - Geographic- owners of homes in older neighborhoods Behavioral- homeowners who respond to promotional discounts Demographic- homeowners with higher incomes Psychographic- homeowners who like modern decor and conveniences Of the options below, which three should be included in the value proposition? - What devices will be offered to customers, how the business differs from competitors, overview of the business Which three Cs must be address in all types of a business plans? - Capital, concept, and customers She will have no partners or employees - Limited liability company What is total financing requires by the beekeeper? - $29,700