ENT Final Review

ENT Final Review

12th Grade

80 Qs

quiz-placeholder

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ENT Final Review

ENT Final Review

Assessment

Quiz

Business

12th Grade

Practice Problem

Medium

Created by

Porrsha Dennison

Used 4+ times

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80 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business plan provides detailed financial information that shows how your business will succeed in earning a profit.

true

false

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Writing a business plan is one of the easiest things you will do as an entrepreneur.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To convince investors that the idea is solid, you will need a completely new product or service or one that is less expensive than products or services that already exist.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A good business plan should describe what products or services will be introduced over the next five years.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The backgrounds and experience of the leadership team of your company help lenders make financing decisions

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Not all new businesses need a business plan

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Lenders require a business plan before they will consider financing a business.

True

False

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