Small Business Mid Term

An e-mail address of the company

According to the BRIE model, which of the following falls under the boundary category?

Boundary

According to the BRIE model, which of the following is an element that is necessary to start a business?

It includes the product or service to be offered

According to the BRIE model, which of the following is true of a resource?

Using low cost or free techniques to minimize the cost of doing business

Bootstrapping refers to:

Entrepreneurship levels are very high

In a factor-driven economies

Small Business Administration

The ________ is a U.S. Government agency that helps people start a business and also provides them support and advocacy

the novelty in their products, services, or business models

Truly entrepreneurial businesses are characterized by:

It is often a one-site business

Which of the following is a characteristic of a traditional small business

To continue a family tradition

Which of the following is a reward that is rarely mentioned by entrepreneurs?

Crowdfunding

Financing a business online through the collective involvement of others who provide donations, loans, or investments is referred to as______

Creating new charitable and civic organizations which are financially self-sufficient

Social entrepreneurship primarily involves a person or group:

Growth

______ rewards are those which people get from facing and beating or learning from challenges

Efficiency

_______ is an aspect of entrepreneurship that refers to doing the most work with the fewest resources