ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

CHAPTER 7 ENTREPRENEURIAL LEADERSHIP AND MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
There are differences between entrepreneurs and small business leaders.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Entrepreneurs tend to be classified as those who take on high-growth, high-risk innovations while small business owners oversee an established business with an established product and customer base.

Detailed explanation-2: -An entrepreneur is a person who innovates new ideas for developing a product and service which would have a value in the market, and also has to various risks involved in the business. The small business owner is a person who simply starts a business with an existing idea or buys an existing business.

There is 1 question to complete.