Chapter 1 Entrepreneurship Review

Which of the following is a type of entrepreneurial business?

In a brainstorming session, it is NOT a good idea to

SMART Goals are not

What percent do small firms with fewer than 500 employees represent of all businesses in the US

A wholesaling business sells directly to consumers.

What % of new businesses never see their fourth birthday?

A possibility that arises from existing conditions is called

People go into business for themselves because

This is an evaluation of your strengths and weaknesses.

People who own, operate, and take the risk of business venture are called

Thoughts or concepts that come from creative thinking are called

One major advantage of being an entrepreneur is that

Which would generally NOT be considered a desirable characteristic of a good team member?

The FINAL step of the problem solving model is to