Please answer below mutiple questions

1.

You implemented a marketing strategy for a product that ended up being costly because customers were not buying it. Which approach would have helped you avoid this situation?

a. committing more resources to the marketing plan

b. sticking to your plan for a longer period of time

c. assessing the costs of implementation

d. being flexible in the early stages of a marketing plan

2.

This question is created using a multiple answer format.

Imagine you were an entrepreneur and decided to get the money you needed to start the business via debt financing (e.g., a bank loan). What would be the advantages of this type of financing over equity financing? (Check all that apply)

a. Having to pay back the borrowed money along with interest

b. Being in total control of your business, since you do not need to give up ownership shares to the lenders

c. Not having to share the profit with the lenders

d. Receiving mentorship from the lenders along with a network of customers they would introduce you

3.

Porche wants to be an entrepreneur. What is the critical first step she needs to take when pursuing entrepreneurship?

a. Porche needs to find her why.

b. Porche needs to find her what.

c. Porche needs to find her funding.

d. Porche needs to find her emotional readiness.

4. What is the best tip to help you avoid being seen as a nuisance by potential customers?

a. Always be mindful of your customers' time.

b. Always request a meeting with customers by email.

c. Always use sales calls to communicate with your customers.

d. Always have a meaningful reason for contacting customers.

5. John has secured capital by borrowing money from an institution and will need pay it back with interest. This type of funding is known as _____.

a. Debt

b. Equity

c. Savings

d. Profit from business operations