BUS 3303 Entrepreneurship Final Exam 9
Questions and Answers Solved 100% Correct;
University of the People
true - ANSWER-true or false: an
entrepreneur owns, operates, and takes
the risk of a business venture
false - ANSWER-true or false: successful
employees will see their businesses
flourish and make large profits
false - ANSWER-true or false: retailing
businesses sell services directly to the
people who use them
,false - ANSWER-true or false: a florist
shop is an example of a service business
true - ANSWER-true or false: the
creativity of entrepreneurs has led to
technological change and increased
productivity
false - ANSWER-true or false: successful
entrepreneurs need to set new goals
every time a poor decision is made
true - ANSWER-true or false: successful
entrepreneurs are confident and able to
make quick decisions when necessary
,false - ANSWER-true or false:
determining you aptitudes is the first
step in performing a self-assesment
true - ANSWER-true or false: although
entrepreneurship is risky, entrepreneurs
can make a lot of money
true - ANSWER-true or false: running
your own business is difficult, and many
companies started by entrepreneurs go
out of business
, false - ANSWER-true or false: aptitude is
the ability to asses your interests and
past experiences
false - ANSWER-true or false: 90% of all
US businesses employ fewer than 10
people
false - ANSWER-true or false: an
entrepreneur can expect to earn a large
profits immediately after starting a
business
false - ANSWER-true or false: non-
financial goals are important for an
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