Complete the gap with one correct word:
In essence, land, labor, capital and entrepreneurship encompass all of the inputs needed to produce a _____or service
Complete the gap with one correct word:
The entrepreneur also takes on all of the ….. and rewards of the business.
Complete the gap with one correct word:
_____represents all natural resources, such as timber and gold, used in the production of a good
Complete the gap with one correct word:
Competition between countries is quite subtle to __________ .
Complete the gap with one correct word:
No system of resource________is more efficient than pure competition.
Match the term to the appropriate Russian translation:
barriers to entry
Обязательное поле
политика конкурентов
бюрократия
ограниченность ресурсов
барьеры входа на рынок
Match the term to the appropriate Russian translation:
pure monopoly
Обязательное поле
чистая монополия
свободное принятие решений
невмешательство государства в экономику
совершенная конкуренция
Match the term to the appropriate Russian translation:
bait and hook business model
Обязательное поле
успешная бизнес модель
стратегия крючка
модель бизнеса по ловле рыбы
бизнес модель по подписке
Match the term to the appropriate Russian translation:
circular business model
Обязательное поле
успешная бизнес модель
циркулярная бизнес-модель
строительная бизнес модель
округлая модель бизнеса
Match the term to the appropriate Russian translation:
comptetitive advantage
Обязательное поле
конкуренция
ограниченная ответственность
конкурентное преимущество
слабые стороны
Match the term to the correct definition:
free competition
Обязательное поле
rivalry within the company, e.g. between its branches or divisions
type of imperfect competition such that many producers sell products that are differentiated from one another and hence are not perfect substitutes
situation in a market in which there is only one seller of a commodity and he therefore faces no competition
economy in which there is complete freedom from interference by the state, and in which prices are more according to the forces of supply and demand
Match the term to the correct definition:
oligopoly
Обязательное поле
market in which there are only a few sellers
situation in a market in which there is only one seller of a commodity and he therefore faces no competition
type of imperfect competition such that many producers sell products that are differentiated from one another and hence are not perfect substitutes
rivalry within the company, e.g. between its branches or divisions
Match the term to the appropriate Russian translation:
single proprietorship
Обязательное поле
ограниченная ответственность
конкуренция
единоличное владение
товарищество
Match the term to the correct definition:
budget competition
Обязательное поле
rivalry within the company, e.g. between its branches or divisions
competing with each other for the family's available money
type of imperfect competition such that many producers sell products that are differentiated from one another and hence are not perfect substitutes
situation in a market in which there is only one seller of a commodity and he therefore faces no competition
Match the term to the correct definition:
internal competition
Обязательное поле
situation in a market in which there is only one seller of a commodity and he therefore faces no competition
competing with each other for the family's available money
type of imperfect competition such that many producers sell products that are differentiated from one another and hence are not perfect substitutes
rivalry within the company, e.g. between its branches or divisions
Match the term to the correct definition:
monopolistic competition
Обязательное поле
rivalry within the company, e.g. between its branches or divisions
situation in a market in which there is only one seller of a commodity and he therefore faces no competition
type of imperfect competition such that many producers sell products that are differentiated from one another and hence are not perfect substitutes
competing with each other for the family's available money
Match the term to the correct definition:
monopoly
Обязательное поле
competing with each other for the family's available money
situation in a market in which there is only one seller of a commodity and he therefore faces no competition
rivalry within the company, e.g. between its branches or divisions
type of imperfect competition such that many producers sell products that are differentiated from one another and hence are not perfect substitutes
What entrepreneurial business sells products to other businesses rather than the final customer?
Обязательное поле
Manufacturing
Wholesaling
Service
Retailing
Which is NOT a disadvantage of Entrepreneurship?
Обязательное поле
Uncertain Income
You are the boss
Work long hours
Risk
The ability to learn a particular job is called ______
Обязательное поле
Entrepreneurship
Entrepreneur
Aptitude
Employee
A person who works for someone else is
Обязательное поле
Aptitude
Entrepreneurship
Entrepreneurs
Employee
What is the primary purpose of a business plan?
Обязательное поле
To fulfill legal requirements for starting a business
To impress potential customers
To secure funding from investors
To act as a roadmap for the business
What is evaluation of your strengths and weaknesses?
Обязательное поле
Self Assessment
Entrepreneurship
Entrepreneur
Employee
People who own, operate, and take risk of a business venture are____
Обязательное поле
Entrepreneurs
Aptitude
Entrepreneurship
Employee
What is business model innovation?
Обязательное поле
Creating new channels of hiring and recruitment
When competitors create new products to challenge your business
Launching international stores to reach more consumers
Making changes that support a company's financial well-being
These are all types of revenue streams, EXCEPT
Обязательное поле
asset sales
value
usage fee
renting
What does "Unique Value Proposition" mean?
Обязательное поле
proposal given to the customer
the benefit or the added value for a product
product description
product market place
Which of the following would NOT be an example of a franchise business model?
Обязательное поле
Pizza Hut's business model
Radio Shack's business model
A large burger chain's restaurant
A local mom and pop shop's business model
Which of the following is NOT a type of business model?
Обязательное поле
Allocator
Distributor
Manufacturer
Retailer
What is a business model?
Обязательное поле
A company's plan to become the sole operator within an industry
A plan that is based on legislative requirements for a business
A company's plan to generate revenue through operations
The hierarchy of a company starting with the CEO
The threat of entry should induce … and efficient production.
Обязательное поле
marginal-cost pricing
competitional
opportunity gain
differentiational
… perfect competition perfect contestability implies nothing about how many firms currently exist in the industry.
Обязательное поле
like
similar to
compared
unlike
Contestability is referred to as the … of ease with which firms can enter or leave an industry.
Обязательное поле
movement
grade
amount
degree
… a persistent situation where there is only one provider of a product or service in a particular market.
Обязательное поле
perfect competition
monopsony
a monopoly
an oligopoly
The pure competition is to … extent regulated by competition policy and competition law.
Обязательное поле
more or less
greater or less
a greater or lesser
less or few
Competition gives … for self-improvement.
Обязательное поле
production
incentive
efficiency
consequence
Companies all compete with each other … inputs of labour, capital and natural resources
Обязательное поле
of
for
to
into
A perfect competition system may never … .
Обязательное поле
Exist
occur
will
live
Honey is healthier … for sugar to make things sweet.
Обязательное поле
Substitute
difference
competition
addition
Competition … naturally between living organisms.
Обязательное поле
results
occurs
resulting
caused
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