Question

1. What common business mistake can cost you everything?
Question 4 options:

Failure to unlock the front door

Failure to buy adequate business insurance

Failure to build a sticky website

Failure to find the best name your business

2.Sasha has decided to start a consulting business. She will need space for large meetings and a receptionist. Which of the following types of locations would be best for this type of business?
Question 5 options:

Her home

A retail shopping center

An executive suite in a commercial space

An industrial facility

3.What organization can you contact to find local trade shows?
Question 7 options:

The Chamber of Commerce

The American Heart Association

The sports arena

The Department of Water and Power

4.Juan has a retail business selling skateboard supplies. He maintains large stockpiles of every item he sells in a warehouse on the outskirts of town. He keeps finding that he has to reorder certain supplies all the time but others only once a year. How can he solve this problem?
Question 9 options:

Focus his stock on the most vital items while keeping those that do not sell as well at lower levels.

Increase the stock of all items and move his inventory to a larger warehouse.

Keep a limited stock of all items and special order items when they run out.

Stop offering a variety of products and only stock a few items that sell moderately well.

5.A _______ lease covers the landlord's expected increases in expenses by increasing the rent on an annual basis over the life of the agreement.
Question 10 options:

flat

standard

step

percentage

Answer 1

1. Failure to buy adequate business insurance.

2. An executive suite in a commercial space

Answer 2

1. Failure to buy adequate business insurance

2. An executive suite in a commercial space

3. The Chamber of Commerce

4. A focus on the stock on the most vital items

5. Step