A(n) _____ Is Someone Who Recognizes a Viable Idea for a Business

question 7

Multiple Choice

A(n) _____ is someone who recognizes a viable idea for a business product or service and carries it out.

• A) intrapreneur
• B) entrepreneur
• C) manager
• D) leader
• E) introvert

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Definitions:

Owner's Drawings

The funds taken from the business by the owner for personal use, not considered as salary or wages.

Owner Drawings

Refers to the money or assets taken out of a business by the owner(s) for personal use.

Net Income

The profit or loss of a business after all expenses, taxes, and costs have been subtracted from total revenue.

Expenses

Costs incurred by a business in the process of earning revenues.