According to the Global Entrepreneurship Monitor (GEM) 2007 Study, the Majority

question 55

Multiple Choice

According to the Global Entrepreneurship Monitor (GEM) 2007 study, the majority of people in high-income countries are drawn to entrepreneurship for the following reasons:

• A) to take advantage of an attractive opportunity, to pursue independence, and to increase their incomes
• B) lack of career prospects, government incentives, and to increase their incomes
• C) lack of promotional opportunities in their jobs, to pursue independence, and government incentives
• D) to pursue a personal interest, lack of promotional opportunities in their jobs, and to increase their incomes
• E) to take advantage of an attractive opportunity, lack of career prospects, and government incentives

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Definitions:

Petty Cash

A small amount of cash on hand used for covering minor and incidental office expenses.