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Business English Exercises
 

Assessing Yourself and Your Business Idea

Answers to test questions and links to explanations

Home > Teaching Business English > Business English Lessons, Advanced Level # 286
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assessing yourself and your business idea answer 1
Four basic factors influence a successful business start-up: a qualified entrepreneur, a profitable business idea, a thorough business plan, and adequate capital.

Correct answer: (d) start-up

Meaning of business term start-up
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assessing yourself and your business idea, question 1 assessing yourself and your business idea, virtual business management, what does start-up mean?

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assessing yourself and your business idea answer 2
Before you proceed, you should assess both your own entrepreneurial skills and the viability of your business concept.

Correct answer: (c) viability

Meaning of business term viability
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assessing yourself and your business idea answer 3
If it is not feasible for you and your business concept to succeed, you will not need to spend time writing a business plan and seeking financing.

Correct answer: (a) feasible

Meaning of business term feasible
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assessing yourself and your business idea answer 4
Many studies have been conducted and even more articles written on 'the right stuff' for being an entrepreneur — the primary characteristics of successful business owners.

Correct answer: (d) stuff

Meaning of business term stuff
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assessing yourself and your business idea answer 5
Self-confidence: the aspirant believes in own ideas and abilities, and conveys that belief to others.

Correct answer: (d) conveys

Meaning of business term conveys
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assessing yourself and your business idea answer 6
Risk-taking: the aspirant can abandon status quo, explore options and pursue opportunities.

Correct answer: (a) abandon

Meaning of business term abandon
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assessing yourself and your business idea, question 6 assessing yourself and your business idea, dealer business management, what does abandon mean?

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assessing yourself and your business idea answer 7
Decision-making: the aspirant has the ability to make prudent choices even in a stressful environment.

Correct answer: (c) prudent

Meaning of business term prudent
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assessing yourself and your business idea, question 7 international business management studium, what does prudent mean? what is the definition for prudent?

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assessing yourself and your business idea answer 8
Persistence: the aspirant can tenaciously pursue goals regardless of the energy and commitment required.

Correct answer: (a) tenaciously

Meaning of business term tenaciously
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assessing yourself and your business idea, question 8 management of business, what does tenaciously mean? what is the definition for tenaciously?

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assessing yourself and your business idea answer 9
Goal-oriented: the aspirant can envision a desired outcome, as well as plan and implement the activities required to achieve it.

Correct answer: (d) oriented

Meaning of business term oriented
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assessing yourself and your business idea answer 10
Begin improvement by reading business magazines and books, enrolling in educational programs, and seeking out a mentor who exhibits the traits you need most.

Correct answer: (c) mentor

Meaning of business term mentor
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assessing yourself and your business idea, question 10 mba one year, what does mentor mean? what is the definition for mentor?

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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
You will be exposed to a wealth of authentic sample sentences that include a great variety of themes. This compact Business English Test Package is the only printable English test collection currently available on the Internet. It contains 501 Business English Exercises (10 questions per test plus answer keys).  Get your unique Business English Practice Exercises now!

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