Which of the Following Statements Is Incorrect Regarding Entrepreneurial Activity

question 47

Multiple Choice

Which of the following statements is incorrect regarding entrepreneurial activity and age range?

• A) The highest percent of business owners fall in the 30-39 age range.
• B) The lowest percent of business owners fall in the 60+ age rage.
• C) The majority of business founders have no prior work experience.
• D) The majority of individuals who start companies are in their thirties and forties.
• E) Entrepreneurial activity is fairly evenly spread out over age ranges.

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Definitions:

Americanized

The process of adopting or assimilating into American culture, often involving changes in lifestyle, values, or behaviors to align with those prevalent in the United States.

Traditional

Refers to the ideas, customs, and social behaviors that are passed down within a society from generation to generation.

Collectivism

A cultural value that emphasizes the importance of the group over the individual, prioritizing group goals and solidarity.

Individualism

A cultural orientation emphasizing the importance of personal goals, autonomy, and rights above those of the group or society.