Watch the short video at the following link https://www.youtube.com/watch?v=fZjX

• Watch the short video at the following link

2.3 Test your Knowledge (Question):

• What factors enable small business innovation?

2.4 Instructions

• Answer the question available in the “Test your Knowledge” section.
• Post your answer in the discussion board using the discussion link below
• 3.2 Action Required:
  • Watch the short video at the following link

  www.youtube.com/watch?v=TWh7yrOqPpo – YouTube3.3 Test your Knowledge (Question):

  • Discuss the benefits of franchising to the franchisee.

  3.4 Instructions

  • Answer the question available in the “Test your Knowledge” section.
  • Post your answer in the discussion board using the discussion link below
• Action Required:The following table shows the questions.
  

  Questions	True	False
  When the location of the business is critical to its success, it may be wise to purchase a business in another location.
  It is important to develop a list of criteria that a potential business acquisition must meet.
  An important advantage of buying an existing business is the greater likelihood that it will continue to survive and thrive in the marketplace.
  A new owner of an existing business can generally introduce change and innovation almost as easily as if the company was a new business start-up.

  4.3 Test your Knowledge (Question):

  • Answer with a tick mark or write in words which is true, and which one is false.

  4.4 Instructions

  • Answer the question available in the “Test your Knowledge” section.
  • Post your answer in the discussion board using the discussion link below

  • 5.2 Action Required:

    • Watch the short video at the following link:

    https://www.youtube.com/watch?v=iuYlGRnC7J8 5.3 Test your Knowledge (Question):

    • Why does the entrepreneur need to develop a business plan?

    6.2 Action Required:

    • Watch the short video at the following link:

    https://www.youtube.com/watch?v=ZUAg5OcEYTs6.3 Test your Knowledge (Question):

    • How is the target market important to the small business?
    • Required:
      • Watch the short video at the following link

      https://www.youtube.com/watch?v=N6UIlptvJAc 7.3 Test your Knowledge (Question):

      • How could an entrepreneur use the Internet to advertise his/her business?
    • 9.2 Action Required:
      • Watch the short video at the following link

      https://www.youtube.com/watch?v=a3F4T4OssmA9.3 Test your Knowledge (Question):

      • Explain the guidelines for building a successful Web strategy for a small e-company

      10.2 Action Required:The following table shows the questions.

      Questions	True	False
      The balance sheet provides owners with an estimate of the firm’s worth for a specific moment in time.
      The cost of goods sold represents the total cost, including distribution, of the goods sold during the year.
      The objectives of cash management are to adequately meet the cash demands of the business and to avoid retaining unnecessarily large cash balances.
      Usually, trade credit from vendors is expensive, and small business owners should avoid it.

      10.3 Test your Knowledge (Question):

      • Answer with a tick mark or write in words which is true, and which one is false.

      11.2 Action Required:

      • Watch the short video at the following link:

      https://www.youtube.com/watch?v=IMJVp3tIX9c 11.3 Test your Knowledge (Question):

      • Outline and describe the steps involved in the IPO process.
      • 12.2 Action Required:
        • Watch the short video at the following link:

        https://www.youtube.com/watch?v=33Mpj7AVcBQ12.3 Test your Knowledge (Question):

        • Define the essential qualities of a successful family business.?