EEE 2023 Warmup CH. 3

​_____ bias is the tendency to search for information that validates​ one's preconceptions. A.Proclamation B.Reliability C.Confirmation D.Reservation E.Duplication

C.Confirmation

​____ is a template entrepreneurial firms use to complete a feasibility analysis. A.First Go B.First Shot C.First Screen D.Final Pass E.Final Shot

C.First Screen

Shelter Pups makes​ eco-friendly plush animals. The company aims its product at parents who are willing to pay a premium for​ super-safe, environmentally​ friendly, educational toys. This is Shelter​ Pups' ______. A.budget B.business plan C.target market D.industry E.business model

C.target market

​______ analysis is the process of determining whether a business idea is viable. A.Opportunity B.Industry C.Marketing D.Feasibility E.Structural

D.Feasibility

Which of the following is NOT a factor against which a​ start-up's projected rate of return should be​ weighed? A.The amount of capital invested B.The existing alternatives for the money being invested C.The risks assumed in launching a business D.The existing alternatives for the​ entrepreneur's time and efforts E.The returns required by the venture capital firms

E.The returns required by the venture capital firms

A​ ____ test involves showing a preliminary description of a product or service idea. A.customer B.feasibility C.functional D.market E.concept

E.concept

The most important issues to consider in financial feasibility analysis are​ ________, financial performance of similar​ businesses, and the overall financial attractiveness of the proposed venture. A.owners' equity B.market share C.total debt D.profit margin E.total​ start-up cash needed

E.total​ start-up cash needed

PepsiCo, Coca-Cola, Dr.​ Pepper, and Schweppes are a group of firms that produce carbonated beverages.​ Together, these firms constitute​ a(n) ______. A.industry B.oligopoly C.market D.organization E.cohort

A.industry

_____ research is research collected by the​ person(s) completing the analysis. A.Secondary B.Primary C.Library D.Tertiary E.Archival

B.Primary

In examining resource​ sufficiency, the focus in organizational feasibility analysis is on​ ____ resources. A.all B.nonfinancial C.financial D.past E.financial and nonfinancial

B.nonfinancial