Exam 6: Starting Your Own Business: the Entrepreneurship Alternative

Truly successful entrepreneurs take responsibility for their mistakes.

Many U.S.universities offer programs in entrepreneurship.

Jose began a furniture company and ran it for five years.Afterward,he started another company for selling home appliances,and then an interior designing company.Jose is a social entrepreneur.

Venture capitalists take an equity stake in businesses in which they invest their funds.

Obtaining financing for an existing business is easier than it is for most start-up companies.

A classic entrepreneur starts a new company by identifying a business opportunity and allocating resources to tap a new market; serial entrepreneurs start one business,run it,and then start and run additional businesses in succession.

Daphne is a single mother who is required to work evenings and weekends at a local retail store.She is thinking of starting a consulting business primarily so she can

Netflix continues to offer DVDs by mail to nearly five million U.S.subscribers in addition to its streaming services because of its

_____ of the fastest-growing small companies in the United States have international sales.

Agatha is the CEO of a not-for-profit organization.She runs the organization to provide quality education for the underprivileged children.Agatha is most likely to be categorized as a

Dealing with unexpected events is the norm for most entrepreneurs.

Entrepreneurs generally begin with a vision.

When Sarah,as an entrepreneur,continues to work on an idea in spite of physical or technical hindrances and succeeds in turning that idea into reality,she is exemplifying the entrepreneurial characteristic

Today,there are fewer two-income households,making it more difficult for people to pursue entrepreneurship.

After starting a web design company while still in college,Alejandro sold the company after graduation.He then opened a computer repair shop; and most recently,he has started a marketing firm that specializes in social media.Alejandro is an example of a(n)

One of the main drives for those who choose to become entrepreneurs is the desire to work fewer hours.

Information technology can help entrepreneurs in all of the following ways EXCEPT

A(n)_____ is an event where computer programmers and software developers intensively collaborate on new developments.

All of the following are major advantages of buying an existing business over starting a new business EXCEPT

Which of these are business organizations or groups of private individuals who invest in early-stage,high-potential growth companies?