Global Entrepreneurship Monitor (GEM) Looks at Two Groups of Entrepreneurs

question 93

Multiple Choice

Global Entrepreneurship Monitor (GEM) looks at two groups of entrepreneurs: opportunity-based entrepreneurs and ______.

• A)those currently employed but looking at developing their own business
• B)necessity-based entrepreneurs who are pushed into starting a business because of a circumstance
• C)those with the savings to start a franchise business
• D)need-based individuals who need to succeed

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Definitions:

Safer Cars

Vehicles designed with advanced safety features and technologies to protect passengers during accidents.

Texting

The act of sending and receiving written messages through electronic devices, primarily mobile phones.

Adverse Selection

A situation in markets where buyers or sellers have information that the other party does not, leading to suboptimal market outcomes.

Mortgage Lender

A financial institution or individual that provides funds to borrowers for the purpose of purchasing real estate, which is secured by the property being bought.