Which statment is tru about entrepreneurship and small business growth

trade regulation have little effect on small business growth

Define entrepreneurship:

the process of recognizing and opportunity

Which is a financial concern that entrepreneurs often face when starting new businesses?

long working hours, irregular paychecks

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Entrepreneurship Review 1.01

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Reviewing the content from Objective 1.01 in Entrepreneurship I.

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Questions 12

Answers

1
Disadvantage of entrepreneurship?
personal satisfaction
fewer resources
uncertain income
lower taxes
2
Which statment is tru about entrepreneurship and small business growth
small business start ups are taxed at higher rate than multi
consumer spending is a primary factor that influences entrep
trade regulation have little effect on small business growth
start entrepreneurial venture in times of economic recession
3
Home based businesses are attractive to many people because the businesses generally...
have lower start-up costs
provide owners a steady income
yield higher profit margins
require less technical training
4
A business is considered a small business if it has less than ___ employees.
500
50
1000
100
5
Which is considered to be a small business?
Fuquay High School
$8 Haircuts
Cookout
Apple
6
Define entrepreneurship:
a family own Dry Cleaner
opening a business
the process of recognizing and opportunity
a business which employs 75 people
7
What is the something that entrepreneur needs to thrive?
A need partne
an Idea
Time
Money
8
Small business have a positive effect on the local community because they..
pay taxes
charge interest
reduce competition
limit job growth
9
What is the most common barrier to entrepreneurship?
risk
time
planning
text
10
Successful entrepreneurs have ____ for what they do.
reservations about
concerns about
apathy about
passion for
11
Which is a financial concern that entrepreneurs often face when starting new businesses?
long working hours
irregular paychecks
shorter vacations
lower production standards
12
Jay looks at the glass half full than half empty, What characteristic of entrep. is this?
determination
organization
optimism
innovation

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