Answer the following statement(s) true (T) or false (F)
11. Among the most common mistakes entrepreneurs make is getting blindsided by passion in terms of being overly optimistic and confident in their skills and abilities.
12. Prediction works best in an unstable environment
13. According to the authors, everyone is an expert creator from birth because the only way we learned as a baby was by trial and error.
14. Empathy allows you to connect with potential stakeholders in a more meaningful way, which could help to identify unmet needs, leading to the creation of new products and services
15. The creation approach allows entrepreneurs to determine their goals according to whatever resources they have at hand.
11. True
12. False
13. True
14. True
15. True
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Which in not an example of a service business?
a. a hair salon; b. a doctor; c. an accountant; d. a bookstore; e. all are service businesses.
The stockholders' equity section of the December 31, 2011, balance sheet for Inglenook Interiors, Inc before its recent stock dividend: Common stock, $5 par, 100,000 shares issued and outstanding $ 500,000 Additional paid-in capital 100,000 Retained earnings 725,000 Total stockholders' equity $1,325,000 Inglenook declared a 10% stock dividend when the market price per share was $8.00. After the
stock dividend, the components of Inglenook's stockholders' equity section were: Common Stock Paid-in Capital Retained Earnings A) $580,000 $100,000 $645,000 B) $550,000 $100,000 $805,000 C) $580,000 $130,000 $805,000 D) $550,000 $130,000 $645,000
Identify at least six situations in which the parol evidence rule does not apply
About 20,000 patents are issued annually
a. True b. False Indicate whether the statement is true or false