QUESTION 21

1. It is very difficult today to start a new company as a(n) _____ entrepreneur.

   	a.	older
   	b.	undisciplined
   	c.	solo
   	d.	female
   	e.	foreign

QUESTION 22

1. To prepare for success, an aspiring entrepreneur should find a(n) _____ who is leading the type of life that the entrepreneur envisions for the future and who can be a guide and sounding board as well as champion and gateway to people the entrepreneur would otherwise not have been able to meet.

   	a.	mentor
   	b.	silent partner
   	c.	chief executive officer (CEO)
   	d.	network broker
   	e.	investor

QUESTION 23

1. Although it is an entrepreneur's passion that launches a business and keeps it going through the early days when survival is often in doubt, a more _____ style of leadership is often required once the business has survived and has entered the growth mode.

   	a.	pragmatic.
   	b.	autocratic
   	c.	authoritarian
   	d.	aggressive
   	e.	transactional

QUESTION 24

1. The Ewing Marion Kauffman Foundation reported that in 2015, the percentage of entrepreneurs aged _____ to _____ declined from 34.3 percent in 1996 to 25 percent in 2015.

   	a.	65; 98
   	b.	20; 34
   	c.	55; 64
   	d.	18; 43
   	e.	25; 55

QUESTION 25

1. To test a business idea, an entrepreneur needs to get in front of customers. To grow a business, an entrepreneur needs

   	a.	a business plan.
   	b.	money.
   	c.	independence.
   	d.	ideas.
   	e.	technology.