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Pricing Schools Business

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Entrepreneurship

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Questions and Answers

Which of the following is NOT a characteristic of an entrepreneur?

Persistent

Procrastinating (correct)

Risk-Taking

Goal-oriented

What is one of the rewards of entrepreneurship?

Having a boss

Lack of creativity

Doing what you enjoy (correct)

Working for someone else

What is one of the challenges of entrepreneurship?

High success rate

Inadequate financial planning (correct)

Getting funds to start the business

Having limited responsibility

Which of the following is NOT an advantage of a sole proprietorship?

Limited liability (B) Signup and view all the answers

Which of the following is an example of a sole proprietorship?

A local grocery store (B) Signup and view all the answers

Which form of ownership is the most popular when compared to partnerships and corporations?

Sole proprietorship (A) Signup and view all the answers

Which of the following is a disadvantage of a sole proprietorship?

Lack of resources (B) Signup and view all the answers

Which of the following is an example of a sole proprietorship?

Freelance writer (D) Signup and view all the answers

Entrepreneurship

Choose a study mode

Podcast

Questions and Answers

Which of the following is NOT a characteristic of an entrepreneur?

What is one of the rewards of entrepreneurship?

What is one of the challenges of entrepreneurship?

Which of the following is NOT an advantage of a sole proprietorship?

Which of the following is an example of a sole proprietorship?

Which form of ownership is the most popular when compared to partnerships and corporations?

Which of the following is a disadvantage of a sole proprietorship?

Which of the following is an example of a sole proprietorship?

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