ENT Ch.1 Exam with complete
solutions latest version
necessity/opportunity based entrepreneur
pushed to start their own business due to redundancy, threat of job loss, and
unemployment - CORRECT ANSWER-necessity based entrepreneur
necessity/opportunity based entrepreneur
pushed to start their own business because they want to become independent or
increase their income - CORRECT ANSWER-opportunity based entrepreneur
what 2 groups entrepreneurial groups does the TEA focus on? - CORRECT
ANSWER-nascent and or new business owners
what age groups does the TEA focus on? - CORRECT ANSWER-18 -64
a bank for the poor of Bangladesh that gives very small, short-term loans to
impoverished villagers who are perceived as ineligible to receive traditional bank
loans to start their own business - CORRECT ANSWER-grameen bank
What does the grameen bank stand for? - CORRECT ANSWER-bank of villages
who started the grameen bank? - CORRECT ANSWER-Muhammad Yunus
which people are known for being over night global sensations? - CORRECT
ANSWER-steve jobs and bill gates
How did Gates become such a good entrepreneur? - CORRECT ANSWER-he
consistently practiced his technique over the years
when did the term startup come into vogue? - CORRECT ANSWER-during the
1990s when web-based companies were born
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