Pauley launched a new business designing and producing embroidered goods Pauley

Pauley launched a new business designing and

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24.Pauley launched a new business designing and producing embroidered goods. Pauley is:a.a founder.b.an entrepreneur.c.both a founder and an entrepreneur.d.neither a founder nor an entrepreneur.ANS:CPTS:1DIF:Difficulty: EasyREF:p. 9-10OBJ:LO: 1-3aNAT:BUSPROG: AnalyticKEY:Bloom’s: Knowledge25.Raold operates a fast-food restaurant. He is under contract to the organization under whose name he does business. The contract limits what Raold can do with his business. Raold is a:
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PTS:1DIF:Difficulty: ModerateREF:p. 10OBJ:LO: 1-3bNAT:BUSPROG: Reflective ThinkingKEY:Bloom’s: Application26.Bill Gates and Steve Ballmer, founders of Microsoft, would be considered:PTS:1DIF:Difficulty: ModerateREF:p. 10-11OBJ:LO: 1-3cNAT:BUSPROG: Reflective ThinkingKEY:Bloom’s: Comprehension27.Sabrina has figured out how to recycle clear plastic bottles into woven fabric and has launched a new business. Sabrina is:PTS:1DIF:Difficulty: EasyREF:p. 11OBJ:LO: 1-3dNAT:BUSPROG: Reflective ThinkingKEY:Bloom’s: Comprehension28.Sally,, a single mother, opened a florist shop to support her family after losing her job in a corporate layoff. She is a(n)a.woman without a portfolio.b.parental refugee.c.reluctant entrepreneur.d.independent refugee.ANS:CPTS:1DIF:Difficulty: EasyREF:p. 14OBJ:LO: 1-4NAT:BUSPROG: Reflective ThinkingKEY:Bloom’s: Comprehension29.When a Fortune 500 business lays off workers, some displaced employees may decide to start their own businesses. They are best described asPTS:1DIF:Difficulty: EasyREF:p. 14OBJ:LO: 1-4NAT:BUSPROG: Reflective ThinkingKEY:Bloom’s: Comprehension30.Tatiana was laid off from her manufacturing job and in desperation launched a business providing transportation services for the non-drivers in her community. We would classify Tatiana as:
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PTS:1DIF:Difficulty: ModerateREF:p. 14OBJ:LO: 1-4NAT:BUSPROG: AnalyticKEY:Bloom’s: Comprehension
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