Circle the letter (A; B; C, D or E) that represents the correct answer and record it in the accompanying sheet. All but which of the following is considered to be a myth associated with entrepreneurship? Successful entrepreneurs are born not made First ventures are always successful All entrepreneurs must willingly invest significant sums of money Successful entrepreneurs must have a break-through invention An entrepreneur faces extraordinary business risks For small business owners, one of the most important objectives is____. market presence growth profitability adaptability innovation The reward for entrepreneurship as a factor of production is: Wages Interest Profit Rent The accounting equation can be expressed as: OE = A-L A/OE = 1 + L/OE A = OE +L All the above are derivations of the accounting equation. The true owners of a corporation are: Bondholders B Founders Common stockholders Partners Which ONE would you classify as a likely entrepreneur inks traditional form? Worker in a company Founder of a company Common stockholder of a company Beggar in a street An entrepreneur creates new business in the face of risk and uncertainly for the purpose of achieving profit and growth by identifying: Products People Opportunities jobs