Question: Question One (9 points): Answer the following questions based on the Traditional and Strategic Entrepreneurship principles illustrated in the diagram below: X Restaurants Y Products

 Question One (9 points): Answer the following questions based on the

Question One (9 points): Answer the following questions based on the Traditional and Strategic Entrepreneurship principles illustrated in the diagram below: X Restaurants Y Products Revenue/ Cash Flow / Jobs Revenue / Cash Flow/ Jobs time time A. What does X and Y refer to? (3 points) B. True or False and justify your answer 1. Enterprise X has to-to-: longer than enterprise Y and a lot of investment is required. (3 points) 2. For Benefit Cost Analysis, the Bay Back Period approach is recommended for both X and Y. (3 points) Question One (9 points): Answer the following questions based on the Traditional and Strategic Entrepreneurship principles illustrated in the diagram below: X Restaurants Y Products Revenue/ Cash Flow / Jobs Revenue / Cash Flow/ Jobs time time A. What does X and Y refer to? (3 points) B. True or False and justify your answer 1. Enterprise X has to-to-: longer than enterprise Y and a lot of investment is required. (3 points) 2. For Benefit Cost Analysis, the Bay Back Period approach is recommended for both X and Y. (3 points)

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