Entrepreneurship

4 October 2022
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12 test answers

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question
According to Brooks's article, what was the main effect of entrepreneurship in China?
answer
Poverty noticeably declined.
question
An entrepreneur is someone who
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starts and runs a business.
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What must an entrepreneur assume when starting a business?
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that clever market strategies may still fail to sell a product
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An entrepreneur would most likely be a
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person who works well alone.
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What led to Henry Ford's success as an entrepreneur?
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His innovative production methods.
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Successfully starting and running a business requires drive, talent, and clear vision of a long-range ...
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goal
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An entrepreneur must accept being accountable for the failure of the company because the entrepreneur is
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responsible for organizing the business.
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What must an entrepreneur do after creating a business plan?
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finance the business
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What is one way for an entrepreneur to decrease risk?
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by creating a strong business strategy
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Read the graph. What can the reader reasonably conclude from information in the graph?
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Fewer new businesses were started in 2010 than in other years.
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What is a main reason why entrepreneurs experience daily stress?
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They have considerable responsibility.
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According to the article by Brooks, successful entrepreneurs are most interested in
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personal fufillment