QUIZ 4 - ENTREP

Which of the following is not a step of running a business?

• Practice leadership as a way of life

• Recognized critical success factors

• Evaluate the identified opportunity

In developing a business plan we need to come up with a ________?

• Financial Plan

• Profit

• Capital

In determining the capital needed we calculate the existing capital.

• TRUE

• FALSE

Which of the following is a step Opportunity Spotting and assessment?

• Evaluate the function of the indicated value.

• Evaluate the identified opportunity

• Evaluate your life

The following are components and steps in Developing a Business Plan, EXCEPT;

• Perform industry analysis

• Calculate the existing capital

• Come up witj the financial plan