The practice of entrepreneurship applies

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Reference no: EM132273218

1. The practice of entrepreneurship applies to _______.

nascent entrepreneurs only

potential and nascent entrepreneurs only

potential and nascent entrepreneurs, new business owners, and established business owners.

potential and nascent entrepreneurs, and new business owners only

2. According to Bert Jacobs of Life is good, to be successful in a business, at some point someone's got to _______.

develop an organization chart with clear lines of authority and communication

increase sales by increasing percentage amounts on an annual basis

go out and sell something

develop a business plan

3. According to Bert Jacobs of Life is Good, the best way to define oneself is by saying "_______".

probably

yes

maybe

4. When Olivia takes samples of her homey jars to a local farmers' market and sells them at different prices, she is practicing the skill of _______.

Experimentation

Reflection

Play

Creativity

5. Which of the following are benefits of good models (select all that apply)?

Enhance communication about a problem

Yield good decision support

Always accurately represent reality

Can provide timely, economical and reliable results

Reference no: EM132273218

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