Exam 1: Entrepreneurs: the Driving Force Behind Small Business

Dirk wants to be in control.He's tired of taking orders from others and wants to feel a sense of accountability for the outcome of his work.Dirk displays the entrepreneurial characteristic of:

Although it is a lower risk way to start,very few entrepreneurs start part-time.Most prefer to cut all ties and "dive" into their business full-time,right from the start.

The average small business owner works ________ hours per week.

Potential drawbacks of small business ownership include:

Successful copreneurs are marked by which of the following characteristics?

Researchers who study entrepreneurs have discovered that:

Research has isolated a set of characteristics that can predict who will succeed as an entrepreneur.

The following is true regarding entrepreneurial education:

Entrepreneurs tend to create thorough,well thought out business plans prior to implementing new businesses.

Which of the following corporate trends have contributed to the growth of entrepreneurship?

Entrepreneurs tend to have a low tolerance for ambiguity.

"Copreneurs" are marked by:

Launching and running a business can be an extremely rewarding experience,but it also can:

Successful entrepreneurs recognize that their most valuable resource is their ________.

Small businesses are those that employ:

Entrepreneurs can outsource many of the operations of their companies.

Entrepreneurship has become mainstream.

The growth of entrepreneurship is being fed by:

Idealists make up the largest group amongst different entrepreneurial personalities.

Which of the following is true about home-based businesses?