A. e) An entrepreneur is usually an inventor. Which of the following is an advantage of a franchise? Lack of regulations can stop entrepreneurship from thriving. b. Check all that apply. Which of the following is NOT a true statement about business plans? They are one of the factors of production. Which of the following statements are true? asked May 1, 2016 in Business by Emilio A) Minority-owned businesses have come a long way in the past decade, and their success rate is climbing. Internal management team 2. True Extensive regulations can impede entrepreneurship. When an entrepreneur seeks a high profit, the risk is usually higher. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. There was available land. d) Being an entrepreneur is not a risky endeavor. I am not an entrepreneur. Small business owners and entrepreneurs generally have different leadership styles. A. Log in. True. Venture capitalists 3. New category-killer stores like Home Depot and Barnes and Noble provide entrepreneurs with help and ideas. Which of the following statements is TRUE about startup capital? c) An entrepreneur faces huge risks if things do not go well for the business. a) An entrepreneur operates a business. Which of the following statements is TRUE about startup capital? generates jobs: Entrepreneurs want to make their own decisions. b. Most successful entrepreneurs have highly qualified teams that handle everything having to do with the development of the venture. If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. d. Regulations and entrepreneurship are not interdependent. Which of the following statements is true about entrepreneurial discovery: It's an ongoing process that facilitates a business's success rate. D) Motivation, not the brain is the key to the creative process. They assume the risk of the venture but are not actively involved in operating it. Most successful entrepreneurs have highly qualified teams that handle everything having to do with the development of the venture. Which of the following statements is NOT true about entrepreneurs? Following this logic, I suppose that Entrepreneur can be a Proprietor and vice versa. Entrepreneurs try to solve problems by using new products B. Which of the following statements about entrepreneurs in the U.S. is correct? C. Fixed costs fall as firms produce more output, the so-called “spreading of the costs.” D. Entry and exit from an industry depend on the firm's market share. d. Large companies are the last to lay off workers during economic downswings. C) Scarcity is only a problem when a country has too large a population. Which of the following is required to help alert entrepreneurs to potential trouble? Answer: TRUE Diff: 2 Page Ref: 5 Topic: Introduction to Entrepreneurship AACSB: Reflective Thinking Objective: Describe the role of entrepreneurs and small business. b. They like certainty They have the ability to visualize a clear path They look at problems and see opportunities They prefer to be inventive rather than worry about whether the invention solves a customer need Neither A nor B. Which of the following statements is TRUE? They focus their energies on employees rather than on products, services, or customers. a. they start a business by themselves or with others. The process of social entrepreneurship consists of FIVE (5) parts, which of the following is NOT TRUE? d. Innovation is the government's responsibility. Question: Which of the following statements is true of entrepreneurs? Successful entrepreneurs enjoy their work and often start their businesses so that they can share their interests and enthusiasm with others. Join now. High profits in an industry give entrepreneurs an incentive to enter that industry. Which of these statements best describes the context for entrepreneurship: ... Young people are much more likely to be entrepreneurs than older people. 16. b. is owned by one individual or a small group. Small businesses help contribute to their local community. Which of the following statements about social entrepreneurship is not true? b. their endeavors contribute to the growth of the economy. The production possibilities frontier is usually a straight Get an answer to your question “Which of these following statements is true of entrepreneurs ...” in Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.“Which of these following statements is true of entrepreneurs ...” in Business if there is no answer or a. a segment of a market that is not currently being exploited. A)True B)False 6 Which of the following statements is (are) true? I find what Rye says is true, that most entrepreneurs do not give a lot of attention to their personal lives. A two-person software development company with annual sales of $100,000 would be considered a: Miriam pools all her savings to open a bakery that specializes in wedding cakes. They run someone else's business. The production possibilities frontier is always bowed outward.b. Systemic racism does not exist in America. Entrepreneurs try to solve problems by using new products B. Which of the following is true of SBA financial programs? External management professionals 3. Which of the following is true of innovation? Ask your question. They have the ability to identify a problem and arrive at a solution. Systemic racism does not exist in America. When the entrepreneur seeks to limit risk, the reward tends to increase. Which of the following was true of the west in the period after the civil war? C)Laws of a country regulate the manner in which business transactions are executed. Tags: Question 15 . 4. Which of the following statements is characteristic of entrepreneurs? B. A) Scarcity refers to the situation in which unlimited wants exceed limited resources. False You’re right! e. They undertake projects that never lead to any kind of innovation in product or service. Tags: Question 20 . Which of the following statements is not true regarding the diversity of entrepreneurs? Most people think of entrepreneurs as people who start their own businesses, but someone who steps forward to … The entrepreneurial discovery process requires knowledge and the recognition of a(n) market need: Which of the following is an example of a demographic trend that has encouraged entrepreneurial discovery: First, for A, all the factors of production which are land, labor, capital, and entrepreneurs are not scarce; they are unlimited. Unlike a patent, trademark does not last indefinitely.C. You may need to download version 2.0 now from the Chrome Web Store. B. C. Many New England women were prosperous entrepreneurs. Q #20: Which one of the following is NOT TRUE about male entrepreneurs? Which of the following is false about control systems. A)True B)False 6 Which of the following statements is (are) true? If he chooses to finance his business in the same way that most new businesspeople finance theirs, he will: a. take a more balanced approach in their choices than venture capital companies. True Wrong. Entrepreneurs are not willing to take risk. False You’re right! Which of the following is true of entrepreneurs? Which of the following statements is true about new venture risk-taking: A. 6. Which of the following statement is (are) true? Which of the following is not true regarding the process of building a business plan: a. a. • d. They are protected from feeling the immediate impact of failures and mistakes. a. they start a business by themselves or with others. They take calculated risks.&They try to solve problems by using new products and processes. Money C.) A car D.) All the above. 5. Innovation is the process by which entrepreneurs consume marketable ideas. B) Civil laws tend to be relatively nonspecific. A successful entrepreneur relies on which of the following for critical management advice 1. SURVEY . Which of the following statements is true of the impact of federal regulations on entrepreneurship? O Entrepreneurs Hire Professional Managers To Take Care Of All The Business Operations. d. They take a personal stake in the success or failure of the business. A. Literacy wasn't considered important. Foregoing the stability of a 9-to-5 job is certainly not for everyone. b. d. They take a personal stake in the success or failure of the business. Therefore anyone can be an entrepreneur and start a business by having the following … A firm should enter an industry if average costs are less than producer surplus. Which of the following statements is true of the impact of federal regulations on entrepreneurship? Which of the following is a true statement about team building? C. they were all held to the same strict moral code. They have the ability to identify a problem and arrive at a solution. They are synonymous with entrepreneurs. c. their endeavors start out as a sole proprietorship. Entrepreneurs aren't like everyone else. That, of course, is an opinion, but it’s an opinion based on literally countless data-points that all point in exactly the same direction. Which of the following is true of an entrepreneur? d. their endeavors may end up as major corporations ? Which of the following is NOT a true statement about business plans? Miriam is a(n) _____. Which of the following statements is true regarding training for entrepreneurial ventures: C.The type of training and education that entrepreneurs need depends on the nature of the start-up business. Another trait that unites most entrepreneurs is the ability to forge a new path. Lack of regulations can stop entrepreneurship from thriving. Startup capital is the money you invest in the form of supplies, marketing, legal services, and other investments to get your business up and running. Which of the following statements about entrepreneurs is TRUE? e) An entrepreneur is usually an inventor. Money is the key to entrepreneurial success. a. )An example of an asset is: { D. All the Above } A.) High risk takers 2. 1. Which of the following statement is (are) true? Which of the following statements is True? A) Minority-owned businesses have come a long way in the past decade, and their success rate is climbing. 59) The passion that entrepreneurs have typically stems from the potential financial rewards that … 30 seconds . B. a. Which of the following is a characteristic of the typical entrepreneurial leadership style? The "elimination Principle" Suggests Firms Will Exit Industries With High Prevailing Prices. b. True ? C. Entrepreneurs usually work standard hours and only have some decision-making … Strong bureaucratic culture. Which of the following statements is true about scarcity? Those who aspired to the social elite had to be members of a Congregational church. answer choices . Indicate which ONE of the following statements about SMART goals is TRUE: Successful entrepreneurs do not need to worry about setting SMART goals No, this is false. True No, think about the nature of what it is to be an entrepreneur. For C, all countries have an unlimited quantity of factors. Tags: Question 5 . 1. d. sells products manufactured by other firms. Change agent for government C. Change agent for society D. Change agent for nation Q9. Which of the following statements is not true regarding the diversity of entrepreneurs? Which of the following is an example of a business in the service industry? Which of the following is true of small businesses? The production possibilities frontier is usually bowed outward.c. B) Scarcity is not a problem for the wealthy. Which of the following is NOT true about an entrepreneur? b. their endeavors contribute to the growth of the economy. Indicate whether the following statements are true or false: An entrepreneur is employed by others to manage their company. I’m as confident of its truth as anything I’ve ever said or written. Lack of regulations can stop entrepreneurship from thriving. a. What are some common traits good entrepreneurs have? Which of the following statements is true of the impact of federal regulations on entrepreneurship? A trademark may be a word, slogan, symbol, design or particular sound.B. Which of the following statements about entrepreneurs is FALSE? O Entrepreneurs Assume The Risks Of Their Business Ventures. Strong achievement drive. Which one of these is NOT considered a skill? In terms of -----, most entrepreneurs initiate their entrepreneurial careers between the ages of 22 and 45. Your IP: 37.187.166.214 B) Civil laws tend to be relatively nonspecific. An entrepreneur’s role is risk-free. Criteria are established to measure progress towards the … Entrepreneurs are best as 1. It is possible to file for a trademark if you intend to use this mark in the future.D. Which of the following statements is true of new businesses? Which of the following statements is not true? Small businesses sell consumers most of the products made by big manufacturers. Which of the following should not be considered cash by an accountant? A)True B)False 5 The growth of entrepreneurship can be easily promoted by Federal and State Governments. Which of the following is true of most successful entrepreneurs? c. Innovation does not involve change. D) Scarcity arises when there is a wide disparity in income distribution. I find what Rye says is true, that most entrepreneurs do not give a lot of attention to their personal lives. Time B.) pmond44 03/07/2019 Business Middle School +5 pts. b. economic rent is a price paid for productive resourced whose supply is perfectly inelastic. answer choices . • 6. O Professional Managers Who Manage Businesses Of Others Are Also Entrepreneurs. Performance & security by Cloudflare, Please complete the security check to access. Q. Entrepreneurs are: 1. Males often have more experience in manufacturing, finance, or technical areas. Entrepreneurs often work long hours and must take on the financial responsibilities of the business. SURVEY . An … B. Which of the following statements is true about intrapreneurs? B. A) The right brain is more important in the creative process than the left brain. Which of the following is true of entrepreneurs? Try again. Both A and B. Which of the following statements is NOT true about entrepreneurs? answer choices . 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