Your Roommate Wants to Start a Business and Everybody Has

question 10

Multiple Choice

Your roommate wants to start a business and everybody has been giving her various kinds of advice about being an entrepreneur. Which of the following statements is true of entrepreneurship?

• A) Any entrepreneur with a good idea can raise venture capital.
• B) Entrepreneurs are their own bosses and independent.
• C) Entrepreneurs "get rich quick" and enjoy a lot of leisure time.
• D) Entrepreneurs take careful, calculated risks and are not afraid to act on those decisions.
• E) If an entrepreneur is talented, he or she will quickly succeed.

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Definitions:

Structural Model

A theoretical framework that describes the arrangement and relationship between different components within a system or concept.

Iceberg

A massive piece of ice found floating in the sea or grounded in shallow waters, typically broken off from a glacier.

Accessible

easy to approach, reach, enter, or use.

Direct Awareness

The immediate and intuitive recognition or perception of an object, situation, or truth without the need for reasoning.