Review - The primary cause of small business failure is...

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The primary cause of small business failure is lack of capital. Student Response Correct Answer True False 2. Which of the following forces is driving the entrepreneurial trend in our nation? Student Response Correct Answer A. Increased entrepreneurial educational opportunities B. E-commerce and the World Wide Web C. Technological advancements and modern business machinery D. All of the above 3. Most family businesses survive to the second and third generations. Student Response Correct Answer False False 4. Research has isolated a set of characteristics that can predict who will succeed as an entrepreneur. Student Response Correct Answer False False 5. The nation's small businesses: Student Response Correct Answer A. employ more than 51 percent of the nation's private sector workforce. B. create more jobs than do big businesses. C. account for 47 percent of business sales.
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Student Response Correct Answer D. All of the above 6. Entrepreneurs who repeatedly start businesses and grow to a sustainable size before striking out again are known as ________ entrepreneurs. Student Response Correct Answer A. opportunistic B. persistent C. serial D. classic 7. The opportunity to reap impressive profits is the primary motivation for most entrepreneurs. Student Response Correct Answer False False 8. Entrepreneurs that use their skills to create a profitable business that is designed to achieve social and environmental goals for the common good are known as: Student Response Correct Answer A. social entrepreneurs. B. not-for-profit entrepreneurs. C. copreneurs. D. serial entrepreneurs. 9. Entrepreneurs are characterized by: Student Response Correct Answer A. skill at organizing. B. desire for immediate feedback. C. high energy levels. D. All of the above
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10. Women owned businesses dominate ________ and ________ industries. Student Response Correct Answer A. retail; agricultural B. services; professional C. services; retail D. manufacturing; retail A patent protects the creator of original works of authorship such as for software. Student Response Correct Answer False False Score: 1/1 3. All of the following represent barriers to creativity that entrepreneurs impose upon themselves EXCEPT: Student Response Correct Answer A. blindly following rules. B. searching for more than one answer. C. focusing on being too logical. D. being too practical. Score: 1/1 4. The ability to see the similarities and the connections among various data and events is called: Student Response Correct Answer A. convergent thinking. B. divergent thinking. C. transformational thinking. D. illumination. Score:
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1/1 5. Any distinctive word, phrase, symbol, name, or logo a firm uses to distinguish itself or its products is called a: Student Response Correct Answer A. service mark. B. trademark.
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Review - The primary cause of small business failure is...

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