1). Risk
is managed by the decision making process
a). True b). False
2). The return
or profit realized from a business has nothing to do with its overall success.
a). True b). False
3). Many
people that invest in a business desire to experience a financial loss
a). True b). False
4). Competition
is good for the business investor and owner.
a). True b). False
5). Profit
does not always have to be measured in sums of dollars.
a). True b). False
6). Risk
can be completely eliminated through good decision making processes.
a). True b). False
7). The amount
of knowledge of the business you are about to go into will definitely help you lower the risk
a). True b). False
8). Technology
is constantly changing and expanding into new aspects of business management and production.
a). True b). False
9). Angry competitors produce better profits.
a). True b). False
10). Reinvestment is necessary for restoration.
a). True b). False
11). Some
investments are made by groups of people, generally referred to as employees.
a). True b). False
12).
Some business owners are simply glad to receive the satisfaction of
a).
selling out
b). buying
a competitor’s business
c). breaking
even
d). all of
the above
13). If there
is no risk, you are not
a). in trouble
b). in business
c). in the
black
d). none
of the above
14). Regardless
of the reason, reinvestment is
a). required
b). ridiculous
c). a possible
option
d). none
of the above
15). Risk
is the chance you take when you
a). go into
business
b). sing
too much
c). don’t
try at all
d). none
of the above
