Small Business Management                          Test 1

Study Guide

 

MULTIPLE CHOICE

 

            1.      REF:      Introduction p. 2-3

 

            2.      REF:      Introduction p. 2-3

 

            3.      REF:      Knocking at the Entrepreneurial Doors p. 7

 

            4.      REF:      Knocking at the Entrepreneurial Doors p.7

 

            5.      REF:      Rev Up p. 8

 

            6.      REF:      Rev Up p. 8  

            7.      REF:      Entrepreneurial Success p. 12

 

            8.      REF:      Entrepreneurial Success p. 12

 

            9.      REF:      The Ten Killer Factors p. 13

 

            10.      REF:      Interviewing Successful Entrepreneurs p. 16-17

 

            11.      REF:      Opening Your Eyes and Mind to Vast Opportunities p. 20

 

            12.      REF:      Environmental Variables p. 22

 

            13.      REF:      Changing Families p. 23

 

            14.      REF:      Boomer Explosion p. 25

 

            15.      REF:      Boomer Explosion p. 25

 

            16.      REF:      The Splintering of the Mass Market p. 26

 

            17.      REF:      Information Overload p. 28

 

            18.      REF:      Information Overload p. 28

 

            19.      REF:      Franchisers Respond to Cultural Changes p. 29

 

            20.      REF:      Life Cycle Stages p. 38-39

 

            21.      REF:      Welcome to Opportunity Selection p. 44

 

            22.      REF:      Industry Research p. 46

 

            23.      REF:      Conducting Secondary Research for Your Selected           Industry p. 48

 

            24.      REF:       Conducting Secondary Research for Your Selected           Industry p. 48  

 

            25.      REF:      Conducting Secondary Research for Your Selected           Industry p. 48

 

            26.      REF:      Trade Associations p. 49-50

 

            27.      REF:      Additional Resources p. 52

 

            28.      REF:      Primary Research on Your Selected Research p. 54

 

            29.      REF:      Primary Research on Your Selected Research p. 54

 

            30.      REF:      Matrix Analysis p. 58

 

            31.      REF:      The Power of Profiling p. 67

 

            32.      REF:      Three Types of Target Customers p. 68

 

            33.      REF:      Reviewing the Media Kit p. 70

 

            34.      REF:      Three Types of Target Customers p. 68

 

            35.      REF:      What Can We Learn from Media Sources? p. 69

 

            36.      REF:      Changing Profiles p. 71

 

            37.      REF:      Profiling in Action p. 72

 

            38.      REF:      Primary Research is Absolutely Necessary p. 81

 

            39.      REF:      The Power of Profiling p. 67

 

            40.      REF:      Make Customer Profiling a Reflex p. 84

 

            41.      REF:      Why the New Market Research? p. 92

 

            42.      REF:      Why the New Market Research? p. 92

 

            43.      REF:      Who is Your Competition p. 93

 

            44.      REF:      Customer Touch Points p. 93-94

 

            45.      REF:      How Can You Distinguish Yourself? p. 95

 

            46.      REF:      Competition Life Cycle p. 100

 

            47.      REF:      Competition Life Cycle p. 100

 

            48.      REF:      Competition and Positioning in a Mature Market p. 101

 

            49.      REF:     Competition and Positioning in a Mature Market p. 101

 

            50.      REF:      Competition Life Cycle p. 100