QUESTION 5 Which entity is defined as independent and has little influence on its market A joint venture B corporation C small business D partnership 1 points QUESTION 6 Entrepreneurs often have more than one goal for starting a business and becoming self employed Which of the following reasons is the LEAST common goal of entrepreneurs A to grow and expand a current business B to earn a comfortable living for a period of time C to seek independence and be their own boss D to meet community or social obligations 1 points QUESTION 7 What is the name of the document in which an entrepreneur summarizes his or her business strategy for a proposed new venture A success chart B business plan C director's guideline D financial blueprint 1 points QUESTION 8 What is the most significant disadvantage of owning a franchise A operational guidelines B start up costs C difficulty obtaining loans D double taxation

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Question: QUESTION 5 Which entity is defined as independent and has little influence on its market? A. joint venture B. corporation C. small business D. partnership

QUESTION 5

Which entity is defined as independent and has little influence on its market?

A.
joint venture

B.
corporation

C.
small business

D.
partnership

1 points

QUESTION 6

Entrepreneurs often have more than one goal for starting a business and becoming self-employed. Which of the following reasons is the LEAST common goal of entrepreneurs?

	A.	to grow and expand a current business
	B.	to earn a comfortable living for a period of time
	C.	to seek independence and be their own boss
	D.	to meet community or social obligations

1 points

QUESTION 7

What is the name of the document in which an entrepreneur summarizes his or her business strategy for a proposed new venture?

A.
success chart

B.
business plan

C.
director's guideline

D.
financial blueprint

1 points

QUESTION 8

What is the most significant disadvantage of owning a franchise?

A.
operational guidelines

B.
start-up costs

C.
difficulty obtaining loans

D.
double taxation

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	A.	success chart
	B.	business plan
	C.	director's guideline
	D.	financial blueprint

	A.	operational guidelines
	B.	start-up costs
	C.	difficulty obtaining loans
	D.	double taxation