Final Exam

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Question

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Question 1 : the key determinants of the cost of goods sold (COGS), which appears on the P&L
1. Product Cost
2. Expired Cost
3. Fixed Cost
4. Indirect Cost
Answer
14436

Question 2 : Entrepreneurs don’t let uncertainty and potential failure stop them from doing what needs to be done. Which trait is being discussed here?
1. Communication Skills
2. Strong Technical Knowledge
3. Risk-Taker
4. Creativity
Answer
14437

Question 3 : What is a corporation ?
1. Multiple owners or partners, some of whom are also usually responsible for the day-to4. day running of the business
2. A separate illegal entity with a large number of owners
3. A separate legal entity with a large number of owners
4. All of the above.
Answer
14438

Question 4 : Why is a customer purchasing from a particular store?
1. Because the customer values the AC you provide inside the shop.
2. Because the customer values the product or service the shop provides.
3. Because the customer values the friendship with the shop’s owner.
4. All of the above.
Answer
14439

Question 5 : Absorptive Capacity comes from prior, related knowledge to be able to make sense of, recognize the value of, and use new information.
1. True
2. False
3. Both
4. None of these
Answer
14440