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