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What Is Not a Key Difference Between Self-Employed People and Entrepreneurs

Question 27

Multiple Choice

What is not a key difference between self-employed people and entrepreneurs?


A) When a self-employed person retires or quits, the business generally closes; an entrepreneur's company continues even if the entrepreneur dies or moves on.
B) Self-employed people tend to work virtually and avoid taking risks; entrepreneurs tend to take risks, and they think on a global scale.
C) The self-employed are experts who do much of the work themselves; entrepreneurs realize they can't do everything themselves, so they hire and delegate responsibilities to people they trust.
D) Self-employed people can incorporate or organize as sole proprietors; entrepreneurs have a broader set of legal requirements, along with insurance and tax considerations.
E) Self-employed people have broad aspirations aimed at influencing industries and markets; entrepreneurs are more focused on operating a business in a specific geographic area and market.

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