Entrepreneurship

Question 1

goalproblemloss

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goal

Question 2

What was the main effect of entrepreneurship in China?

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Poverty noticeably declined.

Question 3

An entrepreneur is someone who

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starts and runs a business.

Question 4

What is one way for an entrepreneur to decrease risk?

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by creating a strong business strategy

Question 5

What must an entrepreneur assume when starting a business?

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that clever market strategies may still fail to sell a product

Question 6

Read the graph.

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A company offering physical therapy most likely has only an 80 percent chance of surviving for at least two years.

Question 7

Read the graph.

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Fewer new businesses were started in 2010 than in other years.

Question 8

An entrepreneur’s first business fails, but their second attempt at the business is succeeding. You can assume that

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they learned from their mistakes.

Question 9

What must an entrepreneur do after creating a business plan?

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finance the business

Question 10

An entrepreneur would most likely be a

Revolt · Accepted Answer

person who works well alone.

Entrepreneurship Answers