Ent 2113 - Study guides, Class notes & Summaries

Entrepreneurial Businesses have the ability to make greater profits in markets that have been ignored by larger corporations. - True The business plan for small businesses should be at least 50 pages long. - False Venture capitalists typically do not invest more than $2 million. - False Entrepreneurial businesses fail to provide a means to meet the varied demands that individuals face in a society. - False A venture capital start-up is oriented toward the personal goals of the founders. - ...

Entrepreneurship is a guaranteed path to economic success. - False The Income Statement is one of the Financial Statements that also include... - Balance Sheet and Cashflow Statement Profits = - Revenues minus Expenses All entrepreneurial ventures are high tech/high growth. - False "Family Buisness" is synonymous with "Family Office." - False Entrepreneurship involves the intersection of at least two separate disciplines. - True According to Dr. Tom Lumpkin, "Being Entrepreneurial" ...

All Pop Quizzes Ent 2113 | 100% Correct | Verified | 2024 Version

Entrepreneurial businesses fail to provide a means to meet the varied demands that individuals face in a society. - ANS False Entrepreneurial businesses have the ability to make greater profits in markets that have been ignored by larger corporations. - ANS True The Great Depression of the 1930s made it difficult for entrepreneurial businesses to survive in the United States. - ANS True A customer of a small business could be considered an important stakeholder t...

ENT 2113 Final Exam Review - Questions and Answers Identify a true statement about the process of generating new business ideas. a. As a business idea evolves, an entrepreneur must be willing to develop a new set of skills to make it successful. b. Entrepreneurs should focus on generating ideas and funding a new business based on them, but they must not become personally involved in its success. c. While generating business ideas, an entrepreneur needs to focus on exploitable market trends rath...

All Pop Quizzes Ent 2113 | 100% Correct | Verified | 2024 Version Entrepreneurship is a guaranteed path to economic success. - False The Income Statement is one of the Financial Statements that also include... - Balance Sheet and Cashflow Statement Profits = - Revenues minus Expenses All entrepreneurial ventures are high tech/high growth. - False "Family Buisness" is synonymous with "Family Office." - False Entrepreneurship involves the intersection of at least two sepa...

ENT 2113 Final Exam Questions with 100% Correct Answers One of the huge advantages of starting one's own business is that someone else can be the boss. Small business owners are motivated by two areas to start a business: the desire to be their own bosses and to set their own working hours. - False A venture capital start-up is oriented toward the personal goals of the founder(s). - False A business plan should be a tool to think through a wide range of issues related to starting and g...