Business study Complete Actual Exam Questions With Correct Detailed Answers.
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Women in business still experience ________ as they attempt to break the "glass ceiling." - correct answer discrimination
Within five years, ________ percent of new businesses will fail. - correct answer 51
________ per...
Women in business still experience ________ as they attempt to break the "glass ceiling." - correct
answer discrimination
Within five years, ________ percent of new businesses will fail. - correct answer 51
________ percent of all U.S. businesses are family owned and managed. - correct answer
Ninety
Which of the following was not identified as one of the suggestions for small business success? - correct
answer Develop a business plan as you grow your business.
About 51 percent of new businesses fail within five years. - correct answer True
The recent number of job losses in large corporations compared to the jobs created by small business
has changed the perception of ________ for launching a new business. - correct answer
risk
Potential drawbacks of entrepreneurship may include: - correct answer uncertainty
of income, risk, long hours, and high stress.
International opportunities are: - correct answer now within the reach of
entrepreneurial businesses and may present significant opportunities.
Which of the following is/are true regarding business plans? - correct answer All of
these
Minority-owned businesses have come a long way in the past decade, and their success rate is climbing.
- correct answer True
, Small companies that operate globally from their inception are referred to as: - correct answer
micromultinationals.
Women play a minor role in the entrepreneurial arena. - correct answer False
One study conducted by the Global Entrepreneurship Monitor (GEM) reports that nearly one in eight
people in the United states is working to start a business.. - correct answer True
There is concern over the future of entrepreneurship because so few high school and college students
want to start their own companies. - correct answer False
Research has isolated a set of characteristics that can predict who will succeed as an entrepreneur. -
correct answer False
The nation's small businesses: - correct answer All of these
Approximately ________ percent of corporate managers who are "cast off" as companies downsize
become entrepreneurs. - correct answer 20
Entrepreneurs that use their skills to create a profitable business that is designed to achieve social and
environmental goals for the common good are known as: - correct answer social
entrepreneurs.
The opportunity to reap impressive profits is the primary motivation for most entrepreneurs. - correct
answer False
Which of the following statements is not true regarding the diversity of entrepreneurs? - correct answer
Minority-owned businesses now account for approximately 22 percent of all businesses in the U.S.
The right brain relies on kaleidoscopic, lateral thinking. - correct answer True
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