Partnerships are organized as either ________ or ________ ...

[MGLQZ]

Partnerships are organized as either ________ or ________ partnerships.
 
  A) specific; general
  B) narrow; broad
  C) inward; outward
  D) general; limited
  E) partial; full

Question 2

Briefly describe the purpose of the First Screen and how it's used.
 
  What will be an ideal response?

[annierak]

Answer to Question 1

D

Answer to Question 2

The First Screen is a template for completing a feasibility analysis. It is called First Screen because a feasibility analysis is an entrepreneur's initial pass at determining the feasibility of a business idea. The mechanics for filling out the First Screen worksheet are straightforward. It maps the four areas of feasibility analysis accentuating the most important points in each area. The final section of the worksheet, Overall Potential, includes a section that allows for suggested revisions of a business idea to improve its potential for feasibility. The value of the First Screen is that it (1 ) provides an entrepreneur an overall sense of the feasibility of a business idea and (2 ) draws attention to issues that suggest the idea has low potential. The fact that an issue, such as total startup cash needed, is low potential does not necessarily mean that the business idea is not feasible. By drawing attention to this issue, an entrepreneur may think through less expensive ways to launch the venture.

[MGLQZ]

Excellent

[jackie]

TYSM