Exam 1: Your Great Adventure: Exploring Your Options

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Intrapreneurs are agents of change who only work in large-sized organizations.

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False

According to Industry Canada, what number of employees does an SME typically employ?

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B

____________ are entrepreneurs who want to provide environmental change.

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Green change agents

Business plans help owners measure the progress of their businesses.

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Entrepreneurs have similar personalities and temperaments.

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Innovation is the process of creating, changing, modifying, or improving a product, service, or business process with the purpose of creating value.

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According to the Statistics Canada Business Register as of December 2011, which province/territory had the largest GDP per business establishment?

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According to the textbook, most small businesses are located in which industry sector?

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According to Statistics Canada, how many people are employed in a typical Canadian small business?

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New-eyes research is using your intuition and observation skills to observe your competition.

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Reading articles related to your business operation is primary research.

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Action Step 5 is known as "______ yourself."

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Industry Canada's definition of a small business is any business having fewer than 50 employees.

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According to 90 percent of entrepreneurs, which of the following is a major characteristic of running a business?

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What percentage of Canadian small businesses survive for at least five years?

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A business with 1-4 employees is usually referred to as a _____________________.

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A mind map is often used by entrepreneurs to generate ideas.

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According to the CFIB, how many entrepreneurs work more than 50 hours a week?

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A form of doodling for the purpose of generating ideas is known as __________ __________.

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The three kinds of research that are important to the entrepreneur are primary, secondary, and tertiary research.

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