Successful entrepreneurs exhibit which of the following traits?

a$.$ see and seize commercial opportunities

b$.$ have long$-$range vision, not only short$-$term objectives

c$.$ seek short$-$term profits, because it generates long$-$term success

d$.$ both a and $b$

e$.$ both a and $c$

The last three stages of a successful venture's life cycle occur in the following order:

a$.$ startup, development, rapid growth

b$.$ startup, survival, rapid growth

c$.$ survival, rapid growth, maturity

d$.$ development, startup, survival

While entrepreneurial opportunities come from an almost unlimited number of sources, this

textbook focuses on:

a$.$ societal changes

b$.$ demographic changes

c$.$ technological changes

d$.$ all of the above

e$.$ none of the above

A sound business model provides a plan which includes all of the following except?

a$.$ generates revenues

b$.$ makes profits

c$.$ retains all its earnings

d$.$ produces free cash flows

e$.$ all of the above are included

Which one of the following is not a part of the VOS indicator?

a$.$ industry$/$market considerations

b$.$ pricing$/$profitability considerations

c$.$ financial$/$harvest considerations

d$.$ management team considerations

e$.$ location$/$profitability considerations