A) do not like situations with high degree of uncertainty. B) thrive on performance feedback. C) have an external locus of control. D) are unwilling to admit problems and errors. E) do not like autonomy. A) do not like situations with high degree of uncertainty. B) thrive on performance feedback. C) have an external locus of control. D) are unwilling to admit problems and errors. E) do not like autonomy.

A) aim to create a sophisticated product with a big budget. B) focus on increasing their acquisitions. C) establish a complex and detailed work structure. D) aim to keep operations as simple as possible. E) focus on making lives better for underserved populations. A) aim to create a sophisticated product with a big budget. B) focus on increasing their acquisitions. C) establish a complex and detailed work structure. D) aim to keep operations as simple as possible. E) focus on making lives better for underserved populations.

Exam 6: Entrepreneurship and New Ventures

_____ entrepreneurship is one way for people, including women and minorities who have hit the "glass ceiling" in their careers or are otherwise cut off from other employment choices, to strike out on their own and gain economic independence.

(Multiple Choice)

4.9/5

(86)

Question 61

A sole proprietorship is the most common form of small business ownership in the United States.

(True/False)

4.8/5

(67)

Question 62

A _____ is a business in which the owner of a business sells to another the right to operate the same business in another location.

(Multiple Choice)

4.8/5

(75)

Question 63

Which of the following is true of small business development centers?

(Multiple Choice)

4.9/5

(91)

Question 64

Venture ____ make large investments in new ventures in return for an equity stake in the business.

(Short Answer)

4.8/5

(79)

Question 65

In a business plan, the economic trends, important legal or regulatory issues, and potential risks are contained in the _____.

(Multiple Choice)

4.9/5

(92)

Question 66

In the context of business ownerships, a _____ is established when two or more people agree to contribute resources to start and operate a business together.

(Multiple Choice)

4.9/5

(71)

Question 67

Lean startups use resources like open-source software, while containing costs, staying small, and keeping operations as ______ as possible.

(Short Answer)

4.9/5

(83)

Question 68

Entrepreneurs:

(Multiple Choice)

4.8/5

(91)

Question 69

Classic entrepreneurs are risk-taking individuals who take action to pursue opportunities others fail to recognize, or even view as problems or threats.

(True/False)

4.9/5

(81)

Question 70

_____ offer space, shared services, and advice to help get small businesses started.

(Multiple Choice)

4.9/5

(70)

Question 71

You open a hot dog stand near the local high school. That business becomes so successful that you sell that to a friend and open an ice cream stand next to it. You are what kind of entrepreneur?

(Multiple Choice)

4.8/5

(94)

Question 72

Write a short note on business partnerships.

(Essay)

4.9/5

(93)

Question 73

Arianne has a passion for designing clothes and decides to open her own clothing store. She starts it by taking personal loans from family and friends, and hires a few people to run the store She maintains a tight control over costs as she does not want to incur further debts. Arianne's store is an example of a _____.

(Multiple Choice)

4.8/5

(82)

Question 74

In a business plan outline, the _____ provide(s) a timetable of dates showing when key stages of the new venture will be completed.

(Multiple Choice)

4.8/5

(76)

Question 75

In a business plan, the overview of the business purpose and the business model for making money is contained in the _____.

(Multiple Choice)

4.7/5

(77)

Question 76

Lean startups:

(Multiple Choice)

5.0/5

(79)

Question 77

Which of the following best describes lack of strategy and strategic leadership?

(Multiple Choice)

4.9/5

(83)

Question 78

Serial entrepreneurship is one way for people, including women and minorities who have hit the "glass ceiling" in their careers or are otherwise cut off from other employment choices, to strike out on their own and gain economic independence.

(True/False)

4.7/5

(85)

Question 79

A(n) ____ investor is a wealthy individual willing to invest in a new venture in return for an equity stake.

(Short Answer)

4.8/5

(83)

Question 80

Showing 61 - 80 of 146

_____ entrepreneurship is one way for people, including women and minorities who have hit the "glass ceiling" in their careers or are otherwise cut off from other employment choices, to strike out on their own and gain economic independence.

A sole proprietorship is the most common form of small business ownership in the United States.

A _____ is a business in which the owner of a business sells to another the right to operate the same business in another location.

Which of the following is true of small business development centers?

Venture ____ make large investments in new ventures in return for an equity stake in the business.

In a business plan, the economic trends, important legal or regulatory issues, and potential risks are contained in the _____.

In the context of business ownerships, a _____ is established when two or more people agree to contribute resources to start and operate a business together.

Lean startups use resources like open-source software, while containing costs, staying small, and keeping operations as ______ as possible.

Entrepreneurs:

Classic entrepreneurs are risk-taking individuals who take action to pursue opportunities others fail to recognize, or even view as problems or threats.

_____ offer space, shared services, and advice to help get small businesses started.

You open a hot dog stand near the local high school. That business becomes so successful that you sell that to a friend and open an ice cream stand next to it. You are what kind of entrepreneur?

Write a short note on business partnerships.

In a business plan outline, the _____ provide(s) a timetable of dates showing when key stages of the new venture will be completed.

In a business plan, the overview of the business purpose and the business model for making money is contained in the _____.

Lean startups:

Which of the following best describes lack of strategy and strategic leadership?

Serial entrepreneurship is one way for people, including women and minorities who have hit the "glass ceiling" in their careers or are otherwise cut off from other employment choices, to strike out on their own and gain economic independence.

A(n) ____ investor is a wealthy individual willing to invest in a new venture in return for an equity stake.

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