BUS 362 Week 1 Quiz\t\u00a0\t1. \ufffd\u00a0\u00a0\u00a0 Question : \ufffd\u00a0\u00a0 _______________ involves developing a game plan to guide a company as it strives to accomplish its mission, goals, and objectives to keep it on its desired course.\t2. \ufffd\u00a0\u00a0\u00a0 Question : \ufffd\u00a0\u00a0 Which of the following is NOT one of the forces driving the entrepreneurial trend in our country?\t3. \ufffd\u00a0\u00a0\u00a0 Question : \ufffd\u00a0\u00a0 Maria Sanchez is the owner of the Main Street Caf\u00e9 and a new restaurant opens a few blocks away. From Maria’s perspective, this new restaurant constitutes a(n):\t4. \ufffd\u00a0\u00a0\u00a0 Question : \ufffd\u00a0\u00a0 In terms of innovation and research, small businesses:\t5. \ufffd\u00a0\u00a0\u00a0 Question : \ufffd\u00a0\u00a0 Steps in the patent process include:\t6. \ufffd\u00a0\u00a0\u00a0 Question : \ufffd\u00a0\u00a0 The relationship between a company’s mission, goals, and objectives and its strategy is best described by which of the following statements?\t7. \ufffd\u00a0\u00a0\u00a0 Question : \ufffd\u00a0\u00a0 A differentiation strategy:\t8. \ufffd\u00a0\u00a0\u00a0 Question : \ufffd\u00a0\u00a0 To which governmental office must applications for patents be submitted?\t9. \ufffd\u00a0\u00a0\u00a0 Question : \ufffd\u00a0\u00a0 Which of the following is not one of the ways entrepreneurs can stimulate their own creativity and encourage it among their workers?\t10. \ufffd\u00a0 Question : \ufffd\u00a0\u00a0 ___________ spell(s) out the “ends” an organization is to achieve; ____________ define(s) the “means” for achieving the ends.\t\u00a0\tBUS 362 Week 1 Quiz 1\t\u00a0\tQuestion 1 : Which of the following is not one of the three components of intellectual capital? \ufffd \ufffd \ufffd\u00a0\u00a0\tQuestion 2. The premise behind _________________ is that transforming an idea into an actual model will lead to improvements in its design.\tQuestion 3. Entrepreneurs can stimulate their own creativity and encourage it among workers by:\tQuestion 4. When developing a company’s mission statement, an entrepreneur should remember to: \ufffd\u00a0\u00a0\u00a0\u00a0\tQuestion 5. Which of the following was not identified as a way for the typical small business to establish a competitive advantage? \ufffd \ufffd \ufffd \ufffd\u00a0\tQuestion 6. Which of the following is not a recommended method of collecting competitive intelligence? \ufffd \ufffd\u00a0 \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0\tQuestion 7. Entrepreneurship is a constant process that relies on: \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0\tQuestion 8. A strategy should: \ufffd \ufffd\tQuestion 9. In terms of innovation and research, small businesses:\tQuestion 10. _________ involves developing a game plan to guide a company as it strives to accomplish its mission, goals, and objectives to keep it on its desired course.\t\u00a0\tBUS 362 Week 1 Quiz 2\t\u00a0\t\u00a0\t1. \ufffd\u00a0\u00a0\u00a0 Question : \ufffd\u00a0\u00a0 Which of the following is true about the information-gathering process in competitive analysis?\t2. \ufffd\u00a0 Question :\u00a0 When developing a company’s mission statement, an entrepreneur should remember to:\t3. \ufffd\u00a0\u00a0\u00a0 Question :\u00a0 Which of the following is not one of the three components of intellectual capital?\t4. \ufffd\u00a0\u00a0\u00a0 Question : \ufffd\u00a0\u00a0 An entrepreneurial “secret”\ufffd for creating value in the marketplace is:\t5. \ufffd\u00a0\u00a0\u00a0 Question : \ufffd\u00a0\u00a0 A differentiation strategy:\t6. \ufffd\u00a0\u00a0\u00a0 Question : \ufffd\u00a0\u00a0 Harvard’s Ted Levitt says that creativity is _____________ new things, and innovation is ______________ new things.\t7. \ufffd\u00a0\u00a0\u00a0 Question : \ufffd\u00a0\u00a0 Copyrights protect the creator of original works such as:\t8. \ufffd\u00a0\u00a0\u00a0 Question : \ufffd\u00a0\u00a0 Employees must be given the tools and resources they need to be creative. One of the most valuable resources is:\t9. \ufffd\u00a0\u00a0\u00a0 Question : \ufffd\u00a0\u00a0 Which of the following is NOT a characteristic of the strategic management procedure for a small company?\t10. \ufffd\u00a0 Question : \ufffd\u00a0\u00a0 A cost-leadership strategy:<\/p>\n","protected":false},"excerpt":{"rendered":"
BUS 362 Week 1 Quiz \u00a0 1. \ufffd\u00a0\u00a0\u00a0 Question : \ufffd\u00a0\u00a0 _______________ involves developing a game plan to guide a company as it strives to accomplish its mission, goals, and objectives to keep it on its desired course. 2. \ufffd\u00a0\u00a0\u00a0 Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-204716","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/204716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=204716"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/204716\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=204716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=204716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=204716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}