What behavior is exhibited when an individual recognizes the possibility of an undesirable outcome and continues to work toward a goal?
Answer
Self-discipline
Flexibility
Creativity
Risk-taking
Question 2
Question
Which statement is most likely to have a negative effect on domestic small business growth?
Answer
Involuntary tax reductions
Restrictive loan policies
Slow inflation
Low interest rates
Question 3
Question
Successful entrepreneurs enjoy their work and often start their businesses so that they can share their interests and enthusiasm with others. In other words, successful entrepreneurs have which characteristic for what they do?
Answer
Apathy
Passion
Concerns
Reservations
Question 4
Question
Alaina needs advice and assistance in starting her new business, so she contacted the Service Corps of Retired Executives (SCORE). Jack, a SCORE volunteer, agreed to act as her guide in the business startup process. Jack is serving which role?
Answer
Apprentice
Mentor
Entrepreneur
Intermediary
Question 5
Question
What is a trend that most likely affects the growth of entrepreneurial ventures?
Answer
A rise in the desire for slow response times
A higher demand for more convenience products
The reduced need for health care and related services