The likelihood of becoming an entrepreneur increases with age due to the gained business experience in corporate job situations.
F
You can't start a business without serious venture capital.
F
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The likelihood of becoming an entrepreneur increases with age due to the gained
business experience in corporate job situations. - ANSWER- F
You can't start a business without serious venture capital. - ANSWER- F
Most new business opportunities favor large established firms. - ANSWER- T
Angel investors are high net-worth individuals who invest and supports
companies in the early stages of growth - ANSWER- T
The Business Model Canvas is a replacement for a full-fledged business plan. -
ANSWER- F
Which is not a key activity in the entrepreneurial process?
a. Recognition of an opportunity
b. Deciding to proceed and assembling resources
c. Launching a new venture
d. Outsourcing market research
e. Harvesting the rewards - ANSWER- d
The fact that there are only a few brands of adhesive tape targeted to different
types of buyers, but there are many brands of clothing targeted to different
buyers is an example of
a. A lack of R&D in the adhesive tape industry
b. The clothing industry having more money to offer a wider variety of products.
c. Industries differing in their degree of market segmentation.
d. All of the above
e. None of the above. - ANSWER- c
Jeff Bezos founded Amazon because
a. He loved books
b. He never could find the right books in a bookstore
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