Mini-Quiz: Case Study of Starting FedEx

1. What special traits did Fred Smith have that helped him start a business?

   He worked with his father to get supportersGood try, but not right. Select another answer. He was able to befriend others who could help him start his businessThat is correct. You understand about how FedEx was strated. Smith spoke several languagesSorry, not correct. Try another button.

2. How did Smith formulate his business idea?

   He worked for UPS for many years as a delivery driverOops! Wrong answer. Re-read the question and try again. He got the idea in a dreamSorry, not correct. Try another button. He wrote a college research paper that outlined his ideaCorrect. You know about business!

3. How did Smith obtain funding for his new business?

   He used his inheritance moneyThat is correct. You understand about how FedEx was strated. He went to a venture capitalist groupOops! Wrong answer. Re-read the question and try again. He didn't need any fundingGood try, but not right. Select another answer.

Pick an answer to see instant feedback. Re-read the lesson if you miss one.