Factors Influencing Entrepreneurship in High-Income Countries
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Questions and Answers

The majority of people in high-income countries are drawn to entrepreneurship ________.

  • to take advantage of an attractive opportunity (correct)
  • due to lack of career prospects
  • as a result of government incentives
  • because an important role model was an entrepreneur
  • Google is a firm that is proactive, innovative and risk-taking. From this description, we can most accurately conclude that Google has a high level of ________.

  • enterprise focus
  • innovative intensity
  • entrepreneurial intensity (correct)
  • creative intensity
  • Apple is an established firm that encourages and emphasizes entrepreneurial behavior throughout its various divisions. According to the textbook, Apple practices ________ entrepreneurship.

  • tactical
  • corporate (correct)
  • strategic
  • business
  • According to the textbook, the number one reason that people become entrepreneurs is to ________.

    <p>be their own boss</p> Signup and view all the answers

    The number one characteristic shared by successful entrepreneurs is ________.

    <p>a passion for the business</p> Signup and view all the answers

    According to the textbook, the passion that motivates people to launch entrepreneurial firms typically stems from the entrepreneur's belief that the business will ________.

    <p>positively influence people's lives</p> Signup and view all the answers

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