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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
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
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