INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following statements is true about entrepreneurship and small business growth:NCCTE.9 ____ 12.SH.ME11.1.01RBT:..
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Trade regulations have very little effect on small-business growth
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Many people start entrepreneurial ventures during times of economic recession.
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Small business start-ups are taxed at a higher rate than multinational companies
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Consumer spending is a primary factor that influences entrepreneurial success.
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Explanation:
Detailed explanation-1: -Small businesses usually deal with known and established products and services, while entrepreneurial ventures focus on new, innovative offerings. Because of this, small business owners tend to deal with known risks and entrepreneurs face unknown risks.
There is 1 question to complete.