Entrepreneurship and Employment Quiz
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Questions and Answers

What characterizes a pop-up business from any other?

  • Its permanent location
  • Its temporary nature (correct)
  • Its extensive product range
  • Its full-time operation

What defines hybrid entrepreneurship?

  • Initiating a business while remaining employed (correct)
  • Working full-time for a single employer
  • Transitioning from part-time to full-time employment
  • Operating multiple businesses simultaneously

How is part-time employment defined?

  • Working more than 35 hours a week
  • Working only on weekends
  • Working irregular hours each week
  • Working 35 or fewer hours a week (correct)

What characterizes episodic businesses?

<p>Temporary, project-based, or sporadically operating (C)</p> Signup and view all the answers

What is the defining feature of part-time businesses?

<p>Owner participates fewer than 35 hours per week or operates on a temporary or seasonal basis while maintaining employment elsewhere for wages or salary. (B)</p> Signup and view all the answers

What is the cost to start up a new part-time business?

<p>The amount of money it takes to start a new business (B)</p> Signup and view all the answers

What does 'permanence' refer to in the context of part-time entrepreneurship?

<p>The impression of long-term continuity a business gives others (D)</p> Signup and view all the answers

What does 'time to start up' refer to in part-time entrepreneurship?

<p>How long it takes to start a new business (D)</p> Signup and view all the answers

What are the key considerations for part-time small business start-ups?

<p>Cost, time, and permanence of the business (C)</p> Signup and view all the answers

In which industries can one start a part-time small business according to the text?

<p>Retailing, wholesaling, most services, and even manufacturing (A)</p> Signup and view all the answers

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