1. Which of the following online businesses is the most likely to use the transaction fee model?
A) A search engine
B) A specialized encyclopedia
C) A do-it-yourself auction site
D) A clothing retailer
E) A newspaper
2. The final component of the strategic management process is strategic
A) positioning.
B) implementation.
C) control.
D) analysis.
E) maneuvering.
3) From Scenario A, it can be understood that Elle is a(n) ________.
A) corporate entrepreneur
B) bootlegger
C) business incubator
D) social entrepreneur
E) horse trader
4) A reason why many entrepreneurs prefer to avoid going public is that they
A) wish to raise more capital.
B) lack the needed skill.
C) don't have sufficient information.
D) are restricted by the government.
E) feel they would lose control.