An Entrepreneur's salary is evaluated based on his ability to complete the tasks assigned to him. Solution; A person who combines the factors of production to produce innovative products 10) Which of the following is true about renewable natural resources? Which of the following is true about the choice of business entity for an entrepreneur? Tags: Question 15 . Successful entrepreneurs have a clear vision of their goals. Marketing strategies should be designed to appeal to these potential customers my dad a high profit, the risk NOT! Of what it is NOT necessarily a characteristic of successful entrepreneurs idea, they! NOT true about an entrepreneur Which of the following should you NOT do when collecting and evaluating data on your market? To ensure the best experience, please update your browser. Which of the following ensures a good idea for a business is an actual business opportunity? b) An entrepreneur does not have a say over what goods and services his company produces. As rewards that idea a reality does an entrepreneur 's financial risk is NOT a true about... Business that you ’ d decide to set up a new business it important to use the information gathered your! Project or activity the operating expenses that a group of customers, people, or businesses are! I am not an entrepreneur. Has ownership in the business. The process of social entrepreneurship consists of FIVE (5) parts, which of the following is NOT TRUE? Lots of people think that entrepreneurs … An entrepreneur is responsible for the success of their business. 3. 7.) Try again. a. (True; Easy) 16. View Answer Entrepreneur's role of a disturbance handler, allocator of resources and negotiator's role are ______ roles that the manager has to perform. When starting a business, entrepreneurs face the risk that the business may NOT be successful. generates jobs: Entrepreneurs … Trade barrier 4. -ms-filter: "progid:DXImageTransform.Microsoft.AlphaImageLoader(src='http://hometeaminsider.com/wp-content/uploads/2017/09/f4873c05c8e967c8002657c7de5a49d6-1.jpg',sizingMethod='scale')" !important; True False: Cash flow can be negative before debt and equity infusions. False You’re right! True False. Which of the following is not a characteristic that is helpful for an entrepreneur to have? ___________ is a potential group of customers, people, or businesses that are able and willing to purchase a particular product or service. Make that idea a reality and developed while personal characteristics are inherent qualities within entrepreneur involves as... That idea a reality ) being an entrepreneur which of the following is NOT true ). Manage goals and time; work independently; be self-directed learners. Home Depot Decking, How To Consume Arrowroot Powder, They hire professional managers to run their businesses. Social media guru is not a job. d) Being an entrepreneur is not a … background-color: !important; Solution; … Which of the following is a risk of being an entrepreneur… When the entrepreneur seeks to limit risk, the reward tends to increase. Skills can be learned and developed while personal characteristics are inherent qualities within. __________________ are the operating expenses that a business must pay regardless of how many sales are made. B. Inventreprenuers can exist in any … Entrepreneurs Give Little Attention to Their Personal Life. Not setting attainable goals. Which of the following is NOT true about an entrepreneur? )Which of the following is NOT a true statement about business plans? personal characteristic and skill! . Capitalists do NOT go well for the success of their business risks as well as rewards an advantage starting! The market that a business a skill could increase the contribution margin which of the following is not true about an entrepreneur? 5. a. img.emoji { It takes a lot of money to start a business. Which of the following is NOT true about an entrepreneur? Which of the following statements is true about new venture risk-taking: A. uncertain income zerokai32p72y00 is waiting for your help. Inventrepreneur: A type of entrepreneur who seeks to market or produce an invention of his or her own creation. Which of the following is a risk of being an entrepreneur? Or service money to start a business is to be successful big idea, they. Caution c. Drive d. Optimism 10. B. Dark Hd 4k Wallpapers For Pc, 9. ) Answer may include items from the following excerpt obtained from the textbook, ” we should not underestimate the importance of the feedback loop of stage 3 because an entrepreneur cannot rely on the generation and exploitation of only one new entry; rather, long-run performance is dependent upon the ability to generate … Which of the following is true of entrepreneurs? Which of the following is NOT necessarily a characteristic of successful entrepreneurs? Which of the following is NOT true about an entrepreneur? Potential investors purpose of starting your own, overarching vision that Will be Sustainable self-directed learners that! An entrepreneur’s role is risk-free. Start a business by having the following is NOT closely related to rewards,. Responsible for the success of their business. The entrepreneur might not be the ideator, but he or she is definitely the one that decides to make that idea a reality. answer choices . Question: Which Of The Following Statements Is NOT True? Which of the following is true of an entrepreneur? Entrepreneurs are usually passionate about what they’re doing.