Entrepreneurs do NOT face uncertain and irregular incomes.
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Especially in the early years of a business, the entrepreneur often works extremely long hours, possibly six or seven days each week.
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Which one of the following is NOT a disadvantage of Entrepreneurship.
A. Little margin for error
B. Personal Sacrifices
C. Challenge of a start-up
D. Burden of Responsibility
Answer: B
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Which one of the following is NOT an advantage of Entrepreneurship.
A. Personal Sacrifices
B. Autonomy
C. Challenge of a start-up
D. Financial control
Answer: A
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Which of the following is a characteristics of a successful Entrepreneur.
A. Successful entrepreneurs are independent
B. Successful entrepreneurs are determined.
C. Successful entrepreneurs are focused.
D. all of the above
Answer: D
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The concept of entrepreneurship does NOT involve the consideration of a number of opportunities to enhance living standards and business profits.
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Entrepreneurship involves the creation process-creating something new of value.
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The concept of an entrepreneur is further refined when principles and terms from a business, managerial, and personal perspective are considered.
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Adam Smith's book titled the "the wealth of nation" was written in _________ year.
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Entrepreneurs often see things in a holistic sense; they can see the 'big picture' when others see only the parts.......
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