FBLA Entrepreneurship Test | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+

FBLA Entrepreneurship Test | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ Most startup companies can expect to need _____ capital than they anticipate. - Answer -More The primary cause of small business failures is: - Answer -Management Mistakes Entrepreneurs tend to be overly ______ and misjudge the ______ requirements to start a new business. - Answer -Optimistic; Financial The ability to develop new ideas is known as: - Answer -Creativity Which one of the following is usually included on the cover page of the business plan? - Answer -Disclaimer Which one of the following management skills should a prospective team member possess? - Answer -Prepared to Recruit High-Quality People Which one of the following is not true regarding a business plan? - Answer -A business plan is a document that describes the success factor of an ongoing business.Which one of the following is not a part of the executive summary section of the Business Plan? - Answer -Competition Information Which one of the following is an