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Common characteristic of entrepreneurs

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Reference no: EM132843401

1. Entrepreneurial education:

a. more courses are being offered in entrepreneurship

b. has become extremely popular

c. universities are not able to meet the demand

d. all of the above

2. Which of the following is not a common characteristic of entrepreneurs?

a. Desire for responsibility

b. High energy level

c. Preference for moderate risk

d. Business plan expertise

3. More businesses fail because of ________ than for any other reason.

a. poor choice of location

b. incompetent management

c. insufficient capital

d. theft by employees

4. The location of the business is especially important for what type of start-up businesses?

a. service

b. manufacturing

c. retail

d. computer-based service

5. The key ingredient-the crucial element-to avoiding the failure of a new business is:

a. technical expertise regarding the product

b. the business plan

c. knowing the business

d. differentiating the business and product from the competition

Attachment:- Unit 1-Small business management.rar

Reference no: EM132843401

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