Multiple Choice Questions:

1. Stage 1 in the entrepreneurial process involves:

a. Harvesting the business.

b. Deciding to buy or start a business.

c. Assessing your entrepreneurial interests and abilities.

d. Defining the new business idea.

2. In which stage of the entrepreneurial process would you create a business plan?

a. One

b. Two

c. Three

d. Four

3. The ability of an e-business idea to continue to function in the face of sudden growth is called:

a. The network effect.

b. Scalability

c. First-mover advantage.

d. Viral marketing.

4. Which of the following e-businesses is based on a new e-business idea made possible by the Internet and the Web?

a. Best Buy

b. Barnes & Noble

c. Cyber settles

d. None of the choices are correct

Answer rating: 100% (QA)

1 c assessing your e... View the full answer