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Questions and Answers
What is a crucial element in creating a business, according to the entrepreneurial system?
What is a crucial element in creating a business, according to the entrepreneurial system?
- The entrepreneur's skills
- The project idea
- A positive environment (correct)
- Government support
What percentage of companies in most global economies are represented by small and medium enterprises?
What percentage of companies in most global economies are represented by small and medium enterprises?
- 70%
- 80%
- 90% (correct)
- 60%
What is the approximate percentage of small entrepreneurial projects that live for more than 10 years?
What is the approximate percentage of small entrepreneurial projects that live for more than 10 years?
- 20% (correct)
- 10%
- 15%
- 25%
What is a consequence of a negative environment on entrepreneurial projects?
What is a consequence of a negative environment on entrepreneurial projects?
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What are the qualities required by an entrepreneur to succeed in business?
What are the qualities required by an entrepreneur to succeed in business?
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What is the typical lifespan of half of small entrepreneurial projects in developed countries?
What is the typical lifespan of half of small entrepreneurial projects in developed countries?
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