Serial Entrepreneurship Involves

question 101

Multiple Choice

Serial entrepreneurship involves

• A)launching and running a business,and then starting and running additional businesses in succession.
• B)recognizing societal problems and using business principles to develop innovative solutions.
• C)starting a new company by identifying a business opportunity and allocating resources to tap a new market.
• D)conceiving an idea,convincing top management of the idea's potential,and then recruiting human and other resources from within the company to turn the idea into a commercial project.

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Definitions:

Open Market

A venue where buyers and sellers engage in the trade of commodities, securities, and other financial instruments under defined regulations.

Reserve Ratio

The fraction of deposits that banks are required to keep on hand as reserves, determined by central banking authorities.

Deposit Expansion Multiplier

The ratio that describes the potential increase in money supply through the banking system via fractional reserve banking.

Government Bonds

Debt securities issued by a government to support government spending and obligations, typically offering a fixed rate of return over a specified period.