Shelley Recently Opened a New Restaurant Specializing in Fast Foods

question 201

Multiple Choice

Shelley recently opened a new restaurant specializing in fast foods prepared with less fat and calories for health-conscious diners who are in a hurry.Shelley knows that there are some risks associated with opening and managing a restaurant,but she is confident that she can earn a profit.Shelley is an example of a(n) :

• A)speculator.
• B)entrepreneur.
• C)arbitrageur.
• D)account manager.

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Definitions:

Minimal Financing

Situations where businesses or projects operate with the lowest possible amount of financial investment or support.

Howard H. Stevenson

A professor and influential figure in the field of entrepreneurship, known for his work on the definition and concept of entrepreneurship.

William H. Sahlman

A prominent professor at Harvard Business School known for his work on entrepreneurship and venture capital.

Entrepreneurs

Individuals who initiate, manage, and assume the risks of starting and operating a new business venture.