quiz 4 - 1 Most business start-ups fail within their first...

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1) Most business start-ups fail within their first five years. True False 2) Pessimists view failure as short-lived and due to causes  beyond their control. True False Rationale: Whereas pessimists view failure as personal and long-lasting, optimists view failure as short-lived and beyond their control. Review this topic 3) Two out of three new jobs in the economy are in small  businesses. True False Rationale: More than 3 million new businesses are started each year, and they account for two out of three new jobs in the economy. Review this topic
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4) The U.S. government publishes a report each year listing the  specific reasons why thousands of businesses failed. True False Rationale: Nowhere is there a report listing the specific reasons why thousands of businesses fail each year. Experts, however, point to three reasons: jumping into a business too quickly, running out of money, and failing to develop a detailed business plan. Review this topic 5) A stockholder is the person who organizes the resources,  takes the risks, and receives the financial profits and other 
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This note was uploaded on 03/24/2009 for the course IEE iee 220 taught by Professor Robertfleischner during the Spring '08 term at ASU.

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quiz 4 - 1 Most business start-ups fail within their first...

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