Entrepreneurship Final Exam 2019

Front

When an entrepreneur considers whether or not behavior is ethical, both the actions and the result of those actions need to be considered.

Back

True

Front

Most people who own their own businesses do so for more than just monetary gain.

Back

True

Front

Almost all entrepreneurs are middle-aged people with prior business experience.

Back

False

Front

The best way for an entrepreneur to make a decision is to go with her intuition or “gut feeling.”

Back

False

Front

Can absolutely anyone be a successful entrepreneur?

Back

False

Front

Ideas are different from opportunities.

Back

True

Front

Do more than half of all new businesses survive beyond ten years?

Back

False

Front

Why do people go into business for themselves?

Back

All of the above: they want to set their own schedules, they hope to pursue a personal dream, they want to work at home but still earn an income.

Front

Thoughts or concepts that come from creative thinking are called

Back

ideas

Front

What is one major advantage of being an entrepreneur?

Back

entrepreneurs can choose a business that interests them