Entrepreneurial ventures and small businesses are not the same.

Question

Quizplus · Accepted Answer

Entrepreneurial ventures refer to innovative and often high-risk businesses that aim for rapid growth and profitability, whereas small businesses may not necessarily be innovative or high-risk and may have a focus on providing stable income and longevity. Therefore, while all entrepreneurial ventures may be small businesses, not all small businesses are entrepreneurial ventures.

Entrepreneurial Ventures and Small Businesses Are Not the Same