The terms entrepreneur and owner manager is used interchangeable and describes a person that… A. Manages a small business B. That starts up a small business C. That starts up and manages a small business D. All above statements are incorrec
Question
The terms entrepreneur and owner manager is used interchangeable and describes a person that… A. Manages a small business B. That starts up a small business C. That starts up and manages a small business D. All above statements are incorrec
Solution
The term "entrepreneur" and "owner manager" often refer to a person who starts up and manages a small business. Therefore, the correct answer is C. That starts up and manages a small business.
Similar Questions
The distinction between an "entrepreneur" and "small business owner" revolves around:A. really nothing; they are truly one and the same B. whether the business is an Internet based one or notC. the risk taking or re-invention of a business vs. someone who starts a business or buys an existing one
An entrepreneur is another name for someone who has a plan to start a business.Group of answer choicesTrueFalse
What is an entrepreneur?Multiple Choicea person who organizes, operates, and assumes the risk of a business venturethe person in a firm who develops customer relationship management programsthe person responsible for implementing the marketing mix in an organizationa marketing executive who specializes in the use of social mediaa person who manages and directs the supply chain
distinguish leadership and entrepreneurship. In your own understanding elucidate these differences.
An entrepreneur is one who ________.a.knows that the concept they are about to develop will result in a profitable businessb.is willing to attempt to implement a business concept and then give up if it does not meet immediate expectationsc.creates a new business concept for the purpose of achieving profit and growth by assembling the necessary resources to capitalize on identified opportunitiesd.understands the process of developing an idea and does not need to understand what it means to bring that idea to a viable business concept
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