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ENT 2113 Test -1 OU Exam Questions With Correct Answers

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ENT 2113 Test -1 OU Exam Questions With Correct Answers

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ENT 2113 Test #1 OU Exam Questions
With Correct Answers


An entrepreneurial firm is typically self-funded or closely funded by the
| | | | | | | | | | |



founder.
true




Entrepreneurial businesses fail to provide a means to meet the varied
| | | | | | | | | | |



demands that individuals face in a society
| | | | | |




false




Heather Schuck, owner of Glamajama, is an example of how women can
| | | | | | | | | | |



concentrate on more than one facet of life
| | | | | | | |




true




Large companies understand their customers more in the local area as
| | | | | | | | | | |



compared to small firms
| | |

, false




The presence of venture capital for start-ups is limited outside of the
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United States |




true




What are the critical elements that an entrepreneur must solve for
| | | | | | | | | | |



success?
sustainable operating profit margins, an effective sales generation
| | | | | | | |



model, being properly financed (ALL OF THESE ARE CORRECT) IS THE
| | | | | | | | | | |



AWNSER




Which of the following is not a characteristic of a high-growth venture?
| | | | | | | | | | |




It is designed to reflect the mission of the founder
| | | | | | | | |




What is the percentage of self-employed people in the workforce?
| | | | | | | | |




20

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