Front

An ____________________ is a person who provides the initiative and accepts the risk involved in starting a business.

Back

entrepreneur

Front

Which characteristic involves choosing a course of action?

Back

decisive

Front

Which type of business is owned and operated by one person?

Back

Proprietorship

Front

Which characteristic involves being a visionary and not a dreamer?

Back

realistic

Front

Who is a self-made, web developer, and the founder of the social networking site Twitter in 2006?

Back

Jack Dorsey

Front

Who co-founded Blue Ribbon Sports (BRS) in 1964 with his track coach, Bill Bowerman?

Back

Phil Knight

Front

Which type of business has the liability protection of a corporation and exists as a separate entity like a corporation, where members cannot be held personally liable for debts unless they have signed a personal guarantee?

Back

Limited Liability Corporation (LLC)

Front

It takes four days and $210 to establish a business as a legal unit in the US.

Back

True

Front

Which characteristic involves being self reliant?

Back

confident

Front

Which type of business is owned by stockholders/investors but operated by officers? Options: Limited Liability Corporation (LLC), Proprietorship, Partnership, Corporation

Back

Corporation