Entrepreneurship 1 (Chapter 2)

Employees of a business sell a product directly to a consumer (social media and online sales)

Freemium is when a company provides goods or services for a fee but later allow you to use it for free.

There are 5 steps that an entrepreneur should also apply in addition to the entrepreneurial discovery.

Persevearance is an attribute that set entrepreneurs apart from the general business owners.

Chain restaurants are considered a franchise.

People are apart of the 5 attributes of entrepreneurs

Marketing is a Business Function.

Which is NOT one of the 4 phases of the entrepreneurial discovery process?

Which is NOT one of the 4 Business Functions

Problem is not one of the 5 attributes.