What Are Considered Internal Factors Affecting Entrepreneurship

question 22

Multiple Choice

What are considered internal factors affecting entrepreneurship?

• A) Work experience
• B) Education background
• C) Family background and business experience
• D) All of the above

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Definitions:

Budget Airlines

Carriers that offer low flight fares by minimizing operating costs and providing fewer amenities compared to traditional airlines.

Hormone

A chemical messenger produced by glands in the body that regulates physiological processes and behavior.

Milk Market

A sector of the economy that deals with the production, distribution, and consumption of milk and milk products.

Equilibrium Price

The cost at which the amount of a product wanted by buyers matches the amount provided by sellers, leading to equilibrium in the market.