Identify the Correct Statement Regarding Entrepreneurship.
Identify the correct statement regarding entrepreneurship.
A) Entrepreneurs are gamblers.
B) Entrepreneurs are their own bosses and independent.
C) Entrepreneurs experience stress, but they also have high job satisfaction.
D) Entrepreneurs seek power and control over others.
E) If an entrepreneur is talented, he or she will quickly succeed.
Edgar was a manager at a company that produced household appliances. He had many innovative ideas to increase profits. However, his ideas were not received well by the company. So, he left the company to pursue his own business. His new business is known as an)
A) entrepreneurial venture.
E) angel investment.
Harriet recently started her own business. She has nearly recreated a company she worked for previously. She has great business acumen and has been able to run her business much more efficiently and profitably. Harriet is an)
_____ involves creating new systems, resources, or processes to produce new goods or services and/or serve new markets.