Let’s see how well you know about entrepreneurs in

1. The primary reason that people start new businesses is:

• a. to make more money
• b. for flexibility in their schedules
• c. to achieve independence
• d. to make a contribution to society

2. It is very easy to define what small business means.

• T or F

3. ____% of small businesses survive at least the first 6 years.

• a.40
• b.10
• c.68
• d.25

4. All business owners and managers make a lot of money.

• T or F

5. All but which of the following are declining job types?

• a. bank tellers
• b. insurance claims clerks
• c. entrepreneurship professors
• d. farmers/ranchers

 
6. Which of the following is NOT among the growing industries expected to produce the most new jobs by 2012?

• a. service
• b. manufacturing
• c. education
• d. health care 

7. It is estimated that up to 50% of today’s college graduates will work in some kind of global activities in the future.

• T or F

8. Age and professional maturity are important in the decision to start a new business.

• T or F

9. Which of the following are most perceived to “have a good influence on the ways things are going”?

• a. police
• b. business owners
• c. churches
• d. local and state governments

10. ____% of small businesses in the

• a.90
• b.49
• c.65
• d.30

 

 

 

 

1.C 2.False 3.D Heavily argued 4.B 5.C 6.B 7.T 8.False 9.B 10.A