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 (C)</p> Signup and view all the answers

The number one characteristic shared by successful entrepreneurs is ________.

<p>a passion for the business (B)</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 (A)</p> Signup and view all the answers

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