b10chap6 - 9/17/2011 Chapter 6: Entrepreneurship and...

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9/17/2011 1 Chapter 6: Entrepreneurship and Starting a Smal Small Business True or False? Successful entrepreneurs are exclusively motivated by exclusively motivated by the desire to become rich. True or False? State governments create new startup business organizations called enterprise zones that called enterprise zones that are later sold to private investors.
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9/17/2011 2 True or False? Business incubators provide assistance to established companies attempting to generate foreign sales. True or False? To be classified as a small business, a firm must have no more than 100 employees. True or False? Only about 10% of all nonfarm businesses qualify as small businesses using the definition of the Small Business Administration.
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9/17/2011 3 True or False? While the first job for many people is working for a small business, most of the permanent new jobs are created by larger corporations. 0% 20% 40% 60% 80% Year 0 Year 4 Year 6 0% 20% 40% 60% Year 0 Year 4 Year 6 Year 8 old data new data
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9/17/2011 4 True or False?
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b10chap6 - 9/17/2011 Chapter 6: Entrepreneurship and...

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