Which of the Following Statements Is True About Entrepreneurs

question 39

Multiple Choice

Which of the following statements is true about entrepreneurs?

• A) Entrepreneurs hire professional managers to take care of all the business operations.
• B) Professional managers who manage businesses of others are also entrepreneurs.
• C) Entrepreneurs assume the risks of their business ventures.
• D) Entrepreneurs do not participate in planning and organizing activities.
• E) Entrepreneurs do not invest personal savings in their businesses.

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Definitions:

Masculine

Refers to qualities or attributes regarded traditionally as characteristic of men, such as strength or assertiveness.

Feminine

A set of attributes, behaviors, and roles generally associated with girls and women by society.

Individualist Cultures

Societies that emphasize personal goals and achievements, encouraging individuals to stand out and be independent from the collective group.

Collectivist Cultures

Collectivist cultures emphasize the needs and goals of the group as a whole over the needs and desires of each individual.