Entrepreneurs Have More Than One Goal for Starting a Business

question 134

Multiple Choice

Entrepreneurs have more than one goal for starting a business and becoming self-employed.Which of the following reasons is NOT mentioned in the text?

• A) to seek independence and be their own boss
• B) to earn a comfortable living for a period of time
• C) to grow and expand a current business
• D) to meet community or social obligations

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Definitions:

Common Shares

Equity securities that represent ownership in a corporation, giving holders voting rights and a share in the company’s profits through dividends.

Cash Dividends

Payments made by a corporation to its shareholder members from current or retained earnings, usually in the form of cash.

Liability

Obligations or debts that a business owes to external parties, which need to be settled over time through the transfer of economic benefits.