Entrepreneurship is all about

MGT100 - Entrepreneurship

Flashcard
•
Fun
•
12th Grade
•
Hard
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4 questions
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1.
FLASHCARD QUESTION
Front
Back
taking on the risk of starting and operating a business
2.
FLASHCARD QUESTION
Front
Most entrepreneurs fail for all of the following reasons except: poor product, lack of management skills, lack of capital, expand too quickly
Back
poor product
3.
FLASHCARD QUESTION
Front
Advantages of small business include all of the following except: ability to change and adapt, personal relationships with customers, simplified record keeping
Back
limited ability to raise capital
4.
FLASHCARD QUESTION
Front
All of the following are disadvantages of small business except: risk of failure, limited potential, limited ability to raise capital
Back
ability to adapt
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