Which one of the following is not considered as one of the ‘building blocks’ of the ‘model entrepreneur’? A two-person software development company with annual sales of $100,000 would be considered a: Miriam pools all her savings to open a bakery that specializes in wedding cakes. Which of the following statements about entrepreneurs is TRUE? Which of the following statements is not true? answer choices . A) Scarcity refers to the situation in which unlimited wants exceed limited resources. Which of the following statements is true of new businesses? Entrepreneurs are а. b. Compared to the owner, personnel are often more qualified to handle day … Your IP: 37.187.166.214 The production possibilities frontier is usually a straight Entrepreneurs often work long hours and must take on the financial responsibilities of the business. asked May 1, 2016 in Business by Emilio A) Minority-owned businesses have come a long way in the past decade, and their success rate is climbing. Answered which of the following statements about entrepreneurs is false? a. There are four categories of … Which of the following is required to help alert entrepreneurs to potential trouble? That, of course, is an opinion, but it’s an opinion based on literally countless data-points that all point in exactly the same direction. d) ...the interest rate. 16. Which of the following is false about control systems. asked May 1, 2016 in Business by Emilio. Venture capitalists 3. Entrepreneurs use traditional, old methods when they start a new company. c. They hire professional managers to run their businesses. Price controls are usually enacted when policymakers believe that the market price of a good or service is unfair to buyers or sellers. Employees are often compelled to make decisions based on past experiences and current circumstances. Which of the following statements is true about entrepreneurs? a. When an entrepreneur seeks a high profit, the risk is usually higher. B. True Wrong. Which of the following statements about social entrepreneurship is not true? True or False. Which of the following statements is true about scarcity? True Yes, this statement is true. True ? a. they start a business by themselves or with others. a. True No, think about the nature of what it is to be an entrepreneur. e) An entrepreneur is usually an inventor. B) Civil laws tend to be relatively nonspecific. A firm should enter an industry if average costs are less than producer surplus. C) Scarcity is only a problem when a country has too large a population. Q. B) Civil laws tend to be relatively nonspecific. Entrepreneurs often work long hours and must take on the financial responsibilities of the business. Question 7 Which of the following statements about entrepreneurs is TRUE Entrepreneurs are willing to take risk. Startup capital is the money you invest in the form of supplies, marketing, legal services, and other investments to get your business up and running. They run someone else's business. a. D. Only married women could exercise control of their property. O Entrepreneurs Hire Professional Managers To Take Care Of All The Business Operations. Report question . Which of the following statements is true regarding training for entrepreneurial ventures: C.The type of training and education that entrepreneurs need depends on the nature of the start-up business. Following this logic, I suppose that Entrepreneur can be a Proprietor and vice versa. C. they were all held to the same strict moral code. b. 59) The passion that entrepreneurs have typically stems from the potential financial rewards that … answer choices . SMART goals guide entrepreneurs. For D, of course there are skilled labor. Systemic racism does not exist in America. Well done. Entrepreneurs: The Top 3 Financial Statements You Must Know. I am not an entrepreneur. Indicate whether the statement is true or false. Entrepreneurs generally start their business with the help of many employees who can take on all the day-to-day responsibilities. Which of the following is a true statement about team building? First, for A, all the factors of production which are land, labor, capital, and entrepreneurs are not scarce; they are unlimited. a. A. Literacy wasn't considered important. Indicate which ONE of the following statements about SMART goals is TRUE: Successful entrepreneurs do not need to worry about setting SMART goals No, this is false. The financial risks are low for small business owners. A) Most countries have laws and court procedures protecting intellectual property such as those in the United States. Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. B. pmond44 03/07/2019 Business Middle School +5 pts. b. • a. False You’re right! Entrepreneurs try to solve problems by using new products B. The process of social entrepreneurship consists of FIVE (5) parts, which of the following is NOT TRUE? I find what Rye says is true, that most entrepreneurs do not give a lot of attention to their personal lives. Which of the following is NOT a true statement about business plans? Most entrepreneurs are cut from the same ambitious, risk-taking cloth. c) An entrepreneur faces huge risks if things do not go well for the business. O Entrepreneurs Assume The Risks Of Their Business Ventures. Which of the following statements is true? 27. Which of the following statements is true?a. A. This leaves B as the true statement. B) The left brain is more important in the creative process than the right brain. A) Religion in a culture defines the ideas for life, reflected in the values and attitudes of individuals and the overall society. Money C.) A car D.) All the above. Change agent for government C. Change agent for society D. Change agent for nation Q9. Try again. Strong bureaucratic culture. The entrepreneur might not be the ideator, but he or she is definitely the one that decides to make that idea a reality. Which of the following statements is true about new venture risk-taking: A. When the entrepreneur seeks to limit risk, the reward tends to increase. B. b. the second agricultural revolution occurred during the industrial revolution. Which of the following ensures a good idea for a business is an actual business opportunity? Extensive regulations can impede entrepreneurship. ? a) An entrepreneur operates a business. Report question . Entrepreneur can also own a corporation that does not only belong to him/her. Compared to the owner, personnel are often more qualified to handle day-to-day implementation challenges. b. their endeavors contribute to the growth of the economy. B) The tenets of nonreligious or secularist societies do not affect behavior. Social entrepreneurship is about having a heightened sense of accountability c. Social entrepreneurship has, in recent years, been the subject of widespread media Entrepreneurs try to solve problems by using new products B. Which of the following statements on job creation is true? Tags: Question 32 . Both A and B. SURVEY . 9) Which of the following best describes an entrepreneur? Which of the following statements about federal stadent loans is TRUE Lobbying by businesses helps create free-market incentives that help entrepreneurs. a. answer choices . Which of the following statements is (are) not true? A. High profits in an industry give entrepreneurs an incentive to enter that industry. Which of the following is true of small businesses? And the overall society, finance, or customers initiate their entrepreneurial careers between the ages 22... Prevailing Prices d. only married women could exercise control of their property following is true. Many new jobs b. is owned by one individual or a small group Operations their... 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