Chapter 5- Entrepreneurship

Which is NOT a reward for being an entrepreneur:

A small business serves a limited geographic area and employs no more than 100 people.

A vision statement

A partnership is owned by two or more people.

Knowing about business only benefits you as an employee, not as a consumer.

All of the following are recommended traits for a career in entrepreneurship except being

There are 10 essential parts of a business plan.

A new business untagging that involves risk is called a 

The main reason people become entrepreneurs is to have the opportunity to be creative.

All of the following are examples of an industry except

A written description of a business venture that describes all aspects of the business is

A brief account of the key points contained in a business plan is the 

In a business plan, research about the business's customers is included in the 

Most U.S. businesses are

SBA is an acronym that stands for the 

A statement that expresses the specific aspirations of a company

About four out of five businesses fail in their first five years.

One of the biggest obstacles in starting a business is 

A virtual business is a business that

Many successful entrepreneurs work in a related business before starting their own company