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Chapter 1 POB/Entrepreneurship Flashcards | StudBud
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Chapter 1 POB/Entrepreneurship
Chapter 1 POB/Entrepreneurship
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POB/Entrepreneurship
Flashcards
8 cards
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Practice quiz
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Questions
8
Answers
1
One way a business can "go green" is to install energy-efficient lights throughout the facility
True
False
2
Ideas are different from opportunities.
True
False
3
More than half of all new businesses do not survive beyond 4 years.
True
False
4
A wholesaling business sells products directly to consumers
True
False
5
The FDA is an organization that exist to help small businesses and their owners
True
False
6
The best way for an entrepreneur to make a decision is to go with their "gut feeling"
False
True
7
Employees, customers, and creditors are all stakeholders in an entrepreneur's business.
True
False
8
Large businesses create more jobs than small businesses.
True
False