ENTR 3310 Exam 1 CH 1-4 Questions And Correct

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ENTR 3310 Exam 1 CH 1-4 Questions And Correct

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Institution ENTR 3310

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ENTR 3310 Exam 1 CH 1-4 Questions And Correct

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ENTR 3310 Exam 1 CH 1-4 Questions And Co

Entrepreneurs cInside c- cCORRECT cANS✔✔The ctypes cof centrepreneurs cwho cthink cand cact cent
corganizations

Entrepreneurship c- cCORRECT cANS✔✔A cdiscipline cthat cseeks cto cunderstand chow copportunitie
cand cexploited, cby cwhom, cand cwith cwhat cconsequences

Established cBusiness cOwners c- cCORRECT cANS✔✔The cpeople cwho care cstill cactive cin cbusine
cyears

Family cEnterprise c- cCORRECT cANS✔✔A cbusiness cthat cis cowned cand cmanaged cby cmultiple cf
cmore cthan cone cgeneration

Franchise c- cCORRECT cANS✔✔A ctype cof clicense cpurchased cby ca cfranchisee cfrom can cexisting
ctrade cunder cthe cname cof cthat cbusiness

Microloan c- cCORRECT cANS✔✔A cvery csmall, cshort-term cloan coften cassociated cwith centrepren

Nascent cEntrepreneurs c- cCORRECT cANS✔✔Individuals cwho chave cset cup ca cbusiness cthey cwi
cthan cthree cmonths cold cand chas cnot cyet cgenerated cwages cor csalaries cfor cthe cowners

Necessity-Based cEntrepreneurs c- cCORRECT cANS✔✔Individuals cwho care cpushed cinto cstarting
ccircumstance csuch cas credundancy, cthreat cof cjob closs, cand cunemployment

New cBusiness cOwners c- cCORRECT cANS✔✔Individuals cwho care cformer cnascent centrepreneur
cinvolved cin ca cbusiness cfor cover cthree cmonths cbut cless cthan cthree cand ca chalf cyears

Opportunity-Based cEntrepreneurs c- cCORRECT cANS✔✔Individuals cwho cmake ca cdecision cto cst
cbased con ctheir cability cto ccreate cor cexploit can copportunity, cand cwhose cmain cdriver cfor cgetting
cbeing cindependent cor cincreasing ctheir cincome, crather cthan cmerely cmaintaining ctheir cincome

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Uploaded on: August 20, 2025
Number of pages: 3
Written in: 2025/2026
Type: Exam (elaborations)
Contains: Questions & answers

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