Entrepreneurship

Question 1

An entrepreneur would most likely be a

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person who works well alone.

Question 2

A new business should be based on an entrepreneur's individual interests because the entrepreneur must

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dedicate as many hours as needed to the work.

Question 3

What is one way for an entrepreneur to decrease risk?

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by creating a strong business strategy

Question 4

An entrepreneur is someone who

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starts and runs a business.

Question 5

To be successful, an entrepreneur must be willing to invest money, considerable effort, and.

Question 6

How are Bill Gates and Henry Ford similar? Check all that apply.

Question 7

Which characteristic of being an entrepreneur could be seen as both a benefit and a drawback?

Revolt · Accepted Answer

financial risk.

Question 8

Read the graph.

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

Question 9

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 10

Read the graph.

Revolt · Accepted Answer

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

Entrepreneurship Answers