Inflation and Stagflation (continued)

Question 1

Which characteristic of a successful entrepreneur does Edison exhibit in this quote?

Revolt · Accepted Answer

B: an ability to learn from mistakes and adapt to new knowledge

Question 2

Which of these assumptions can an entrepreneur safely make when planning a start-up? Check all that apply.Setting up a business in a large city will guarantee its success.Customers exist for every product.It is important to have a thorough knowledge of the product.Thorough planning and sound strategy do not guarantee a business’s success.Raising funds is necessary but may involve personal risk.

Revolt · Accepted Answer

C: It is important to have a thorough knowledge of the product.; D: Thorough planning and sound strategy do not guarantee a business’s success.; E: Raising funds is necessary but may involve personal risk.

Inflation and Stagflation (continued) Answers

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