Text Ch 1 F 2016 CLASS- completed - TEXT CHAPTER 1 DUE 6 POINTS POSSIBLE ONLY ONE CORRECT ANSWER PER QUESTION(1/2 POINT PER QUESTION 1 Which of the

Text Ch 1 F 2016 CLASS- completed - TEXT CHAPTER 1 DUE 6...

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TEXT - CHAPTER 1 DUE AUGUST 29, 2016 6 POINTS POSSIBLE ONLY ONE CORRECT ANSWER PER QUESTION (1/2 POINT PER QUESTION) 1) Which of the following statements regarding survival rates of entrepreneurial firms in the United States is correct? A) As high as 50 percent after four yearsB) As high as 60 percent after four yearsC) As high as 70 percent after four yearsD) As high as 80 percent after four yearsE) As high as 90 percent after four yearsPage Ref: 6 2) The three primary reasons that people become entrepreneurs and start their own firms are to ________. A) gain prestige, realize financial rewards, and eliminate risk in their lives B) do what they were "born" to do, be their own boss, and gain prestige C) take big risks, be their own boss, and do what they were "born" to do D) be their own boss, pursue their own ideas, and realize financial rewards E) take advantage of government subsidies, pursue their own ideas, and realize financial rewards Page Ref: 7
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  • Spring '14
  • DavidL.Dahl
  • Entrepreneurship, Page Ref, 50 percent, 60 percent, 70 percent, 80 percent

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