Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

All but which of the following is considered to be a myth associated with entrepreneurship? Successful entrepreneurs are born not made First ventures are always

image text in transcribed
All but which of the following is considered to be a myth associated with entrepreneurship? Successful entrepreneurs are born not made First ventures are always successful All entrepreneurs must willingly invest significant sums of money Successful entrepreneurs must have a break-through invention An entrepreneur faces extraordinary business risks For small business owners, one of the most important objectives is market presence growth profitability adaptability innovation The reward for entrepreneurship as a factor of production is: Wages Interest Profit Rent The accounting equation can be expressed as: OE-A-L A/OE = 1 + L/OE A = OE + L All the above are derivations of the accounting equation. The true owners of a corporation are: Bondholders Founders Common stockholders Partners Which ONE would you classify as a likely entrepreneur in its traditional form? Worker in a company Founder of a company Common stockholder of a company Beggar in a street An entrepreneur create new business in the face of risk and uncertainly for the purpose of achieving profit and growth by identifying: Products People Opportunities Jobs

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Ratio Analysis

Authors: Andrew P.C.

1st Edition

1973493381, 978-1973493389

More Books

Students also viewed these Finance questions