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Exam 1

Please answer ONE of the following:

1) What can an entrepreneur do to avoid the failure of his/her company? Examine at least six actions they can take.

2) Analyze core competencies and the role they play in helping the company segment its market and develop effective competitive strategies.

3) Examine the benefits of franchising to the franchisee.

Exam 2

Please answer ONE of the following:

1) Examine the seven-step process for ensuring a smooth transition between owners in the pur- chase of a company.

2) How can the entrepreneur interpret and use the various business ratios available to him/her?

3) If you were having difficulty getting your customers to pay in a timely manner, what could you do to speed payment?

Exam 3

Please answer ONE of the following:

1) What pricing strategies are available to manufacturers? Examine each, why it is used, and what it does for the manufacturer.

2) Discuss joint ventures, identifying the two primary types, and explain why a small business might consider using a joint venture to go global.

3) Analyze the criteria for an ideal domain name

EXAM 4 Please answer ONE of the following:

1) Venture capital companies are an important source of equity funding for small businesses. Examine their policies, ownership, control, and investment preferences when it comes to fund- ing small businesses.

2) Examine the role of commercial banks as source of debt capital for small businesses. What types of financing are available from commercial banks?

3) What impact has the Americans with Disabilities Act had on small businesses in terms of building location and layout?

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