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Small Business Development
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How to Seek Help and Find Key Partners
Name
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First
Last
Email
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1. As entrepreneurs, it would be silly to not use strategies to ______.
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Play Risk
Minimize Risk
Generate Risk
Eliminate Risk
2. What are some basic types of Key Partners?
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Marketing, Branding, and Legal
Suppliers, Manufacturers, and Distributors
Expert Consultants and Complimentary Businesses
All of the above
3. How many Key Partnerships did the last example have?
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4
2
6
8
4. An example of _________ is ordering in bulk to lower the cost per item you produce.
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Discount Distribution
Economies of Scale
Supply Savings
Comparable Costs
5. Suppliers may help with getting raw materials and supplementary products.
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True
False
6. Working with Key Partners is a way to ______.
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Share Liability
Reduce Risk
Lower Labor Costs
All of the above
7. _______ can be someone doing something completely different with the same set of customers:
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Expert Consultant
Complimentary Business
Opposites
Risk Mitigator
8. In the last example. Paulette looked for ____ to help with social media branding.
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Complimentary Business
Marketers
Suppliers
Expert Consultant
9. People outside of your company that help with key activities are:
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Key Makers
Key Partners
Key Employees
Key Grips
10. To pick Key Partners you need to ask 5 questions based on your key activities and resources.
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True
False