Question 1 (1 point) "Given any industry in general, as the entrepreneurial venture grows, new functional areas need people." O True O FalseQuestion 4 (1 point) Social need refers to the need of a segment of society caused by factors such as physical and mental disabilities; language barriers; and cultural, social, or geographical isolation. O True False Question 5 (1 point) "Code of Ethics is a formal statement of an organization's primary values and the ethical rules it expects its employees to follow." O True O FalseQuestion 12 [1 point] While understanding the potential and studying their marketplace considerations, which of the following is NOT to be considered? 0 Are you prepared to deal with rejection and failure? 0 What similar or unique product features does your proposed idea have compared to what's currently on the market? 0 How and where will potential customers purchase your product? Question 13 [1 point] Socially Responsible Investing refers to the funds which provide a way for individual investors to support socially responsible companies. Question 14 [1 point] Exiting a venture when an entrepreneur hopes to capitalize financially on the investment in the venture is.. O Diversifying 0 Falling back 0 Harvesting O Liquidating Question 16 [1 point] While evaluating the potential competitors, which of the following should NOT be studied? 0 What are the strengths and weaknesses of competitors' products? 0 What do competitors attempt to do differentlv from other companies? 0 How do competitors handle marketing. pricing, and distributing? 0 None of the given. Question 1? [1 point] As per the classical view regarding social responsibility, a firm should. 0 focus on maximizing profits for the benefit of the stockholders. 0 focus to protect and improve societv's welfare. 0 None of the given. 0 have a moral responsibilityr to larger societvr \"to do the right thing"