Exam 1: Entrepreneurship Evolutionary Development--Revolutionary Impact

Entrepreneurs are not extreme risk takers.

During the past 10 years, new business start-ups averaged more than 400,000 per year.

Michael Gerber, the author of The E-Myth, explains that the failure of most small businesses is due to owners being more _____ than _____.

The process approach to entrepreneurship seeks to

Political, cultural, and economic displacement are all part of the displacement school of entrepreneurial thought.

Water well strategies refer to unique

Being an entrepreneur who is presented with "being in the right place at the right time" is associated with which of the following myths?

When referring to "luck" and an entrepreneur, which of the following statements is an appropriate adage?

Which of the following is not a form of displacement in the displacement school of thought?

Entrepreneurs are born, not made.

The dynamic states approach is a more of a process-oriented view that incorporates an array of the group, the environment, and the organization.

Amazon was one of the first unicorns, breaking above $1 billion as a private company.

Which of the following traits is not that of an entrepreneur?

The macro view of entrepreneurship presents factors exhibiting a strong _____ locus of control.

In the second decade of the new millennium, the number of businesses in the United States soared to more than 28 million. This number is still growing annually at _____ percent.