Which of the Following Is the Process of Initiating a Business

question 54

Multiple Choice

Which of the following is the process of initiating a business venture, organizing the necessary resources, assuming the associated risks, and enjoying the rewards?

• A) Intrapreneurship
• B) Entrepreneurship
• C) Small business administration
• D) Venture capital
• E) Equity financing

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Definitions:

Jet Fuel

A type of aviation fuel designed for use in aircraft powered by gas-turbine engines.

Industrial Chemicals

Chemical compounds produced in large quantities for use in various industries, ranging from manufacturing to agriculture.

Crude Oil Refining

The industrial process of transforming crude oil into useful petroleum products such as fuel, gasoline, and diesel.

Light Gases

Gases with low molecular weights, such as hydrogen, helium, or methane, that are often used in applications requiring low density.