How many times do the authors recommend practicing a pitch in front of friends, family, or other entrepreneurs?
a. 1–2 time
b. 3–4 times
c. 5–7 times
d. at least 10 times
d. at least 10 times
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Many believe that customer focus does not help to create better or new products. This belief rests on which of the following ideas?
A) Such new product developments decrease the chances of success. B) Customers do not consider the cost of design when suggesting. C) Customers are at times unaware of what they really want. D) It increases the cost of testing a product or service. E) Having too much customer focus leads to a negative brand image.
Research on honesty shows that individuals fall into three groups: (1) those who will almost always be honest, (2) those who are situationally honest, and (3) those who will always be dishonest. Which of these groups is (are) the biggest?
a. Group 1 (50%) b. Group 2 (40%) c. Group 3 (45%) d. Groups 1 and 3 (35% each)
Information in a legal encyclopedia is arranged:
a. alphabetically. b. chronologically. c. numerically. d. randomly.
The marginal cost of capital (MCC) is the cost of the last dollar of new capital that the firm raises, and the marginal cost declines as more and more of a specific type of capital is raised during a given period.
Answer the following statement true (T) or false (F)