Which of the Following Statement Is Correct

question 45

Multiple Choice

Which of the following statement is correct?

• A) Entrepreneurs love the spotlight.
• B) The major attributes that lenders and venture capitalists look for in entrepreneurs favor younger rather than older entrepreneurs.
• C) Entrepreneurs are born not made.
• D) Entrepreneurs tend to be high risk takers.
• E) Studies show that people with parents who were self-employed are more likely to become entrepreneurs.

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Definitions:

Sharing Economy

The sharing economy is a socioeconomic system that allows individuals to borrow or rent assets owned by someone else, emphasizing access over ownership.

80/20 Rule

A principle, also known as the Pareto Principle, stating that roughly 80% of effects come from 20% of causes, applicable in varied contexts like business, science, and economics.

Business Processes

Sets of activities and tasks that organizations carry out to accomplish specific organizational goals.

SaaS

Software as a Service, a cloud computing offering that provides users with access to a vendor’s cloud-based software.