Podcast
Questions and Answers
What is the defining factor between part-time self-employment and full-time self-employment?
What is the defining factor between part-time self-employment and full-time self-employment?
- The level of risk involved
- The type of business being pursued
- Working for 35 or more hours a week
- Working for 35 or fewer hours a week (correct)
Why is part-time entrepreneurship considered important according to Dr. Rania Sokrat?
Why is part-time entrepreneurship considered important according to Dr. Rania Sokrat?
- It offers more opportunities for networking
- It provides extensive resources for growth
- It guarantees stability in income
- It allows entrepreneurs to test their ideas, services, or products (correct)
What percentage of small businesses in the United States were part-time businesses in 2007?
What percentage of small businesses in the United States were part-time businesses in 2007?
- Around half (correct)
- More than three-quarters
- Less than a quarter
- Exactly one-third
When is part-time entrepreneurship considered a great way to gain experience according to Figure 5.1?
When is part-time entrepreneurship considered a great way to gain experience according to Figure 5.1?
Why might it be appropriate to start a part-time business rather than a full-scale company?
Why might it be appropriate to start a part-time business rather than a full-scale company?
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