Question: Small Business Management - Chapter 1 Short Answer Quiz Questions. Answers can be entered directly into this assignment area, provided as a document attachment, or

Small Business Management - Chapter 1 Short Answer Quiz Questions. Answers can be entered directly into this assignment area, provided as a document attachment, or Google doc URL. Grading will be based on quality and thoroughness of answers. 1. What are (a) some reasons why single employeeowner 'solopreneurs' remain solo and (b) why they have been generally so successful in recent decades? 2. What are (a) some of the common characteristics and motivations of a small business owner and (b) what are some of the typical challenges? 3. Briefly describe each of the 5 stages of small business growth. 4. Briefly describe the six characteristics of a small business that is vulnerable to failure

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