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Question 33.Which of the following is an advantage of promoting creativity in innovative business models?
Question 44.Which of the following is an important characteristic of imitative companies
Question 55.What is a situational analysis in marketing?
Question 66.What does SWOT stand for?
Question 77.Why would we prepare a situational analysis?
Question 88.In a situational analysis, what areas of the business need to be analyzed?
Question 99.The acid ratio is also known as the:
Question 1010.What would a current ratio of 1 tell us about a company?
Question 1111.Which of the following is a computation used to measure a company's ability to pay its short term debt?
Question 1212.A company has $35,000 in current assets, $15,000 in long term assets, $25,000 in current liabilities and $45,000 in long term liabilities. What is its current ratio?
Question 1313.Pessimistic Time is defined as _____.
Question 1414.What must be done before a PERT analysis can take place?
Question 1515.What does PERT stand for?
Question 1616.Optimistic Time is defined as _____.
Question 1717.What things do you need to consider when calculating the average cost to make each product?
Question 1818.What three things do you need in order to perform a break-even analysis?
Question 1919.What does it mean when you have a BEQ of 400?
Question 2020.Calculate the BEQ when you have a fixed monthly cost of $1500, an average cost per product of $4, and an average price per product of $7.
Question 2121.The first steps management should consider determining the feasibility of a new project or expansion project is to determine:
Question 2222.Why is a unique selling proposition important for a company?
Question 2323.Why is environmental scanning used in marketing?
Question 2424.Why is it important for companies to evaluate managerial decisions using a SWOT Analysis?
Question 2525.If a business is looking for investors online, which element of BRIE is involved?
Question 2626.If an entrepreneur has an innovation that needs to be patented, which element of the BRIE model would that task come under?
Question 2727.Which element of the BRIE model is concerned with setting up a business website?
Question 2828.What is the main aim of the BRIE model?
Question 2929.Which of the following is a major characteristic of innovative business models?
Question 3030.In a SWOT analysis, the columns describe _______ and the rows describe _______:
Small Business Analysis Models Chapter Exam Instructions
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