Answer the following statement(s) true (T) or false (F)
11. According to the text, bankruptcy or forced sale is probably the biggest failure for a startup.
12. Researchers have suggested that the origins of fear of failure may lie in parent–child relations.
13. Deviance is an attribute of grit.
14. People living in factor-driven economies perceive the most entrepreneurial opportunities.
15. People living in innovation-driven economies perceive the most entrepreneurial opportunities.
11. True
12. True
13. False
14. True
15. False
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The lower classes use more restrictive codes than do the upper classes. How does this knowledge change the way insurance might be sold to a working-class man compared to an upper-class man?
A) The promotion to the working-class man should emphasize his immediate satisfaction in knowing that his family will be cared for, while the upper-class promotion should emphasize the long-term consequences of the choice. B) The promotion to the working-class man should emphasize the long-term benefits of insurance, while the upper-class promotion should emphasize the short-term consequences of the choice. C) The promotion to the working-class man should emphasize pictures while the upper-class promotion should emphasize words. D) Both men would receive the same ad because elaboration codes have been found to be irrelevant to this product category.
The financial perspective describes the economic preconditions for actions to be taken in the other perspectives
Indicate whether the statement is true or false
A $4,000 machine is purchased by paying $1,000 cash and issuing a promissory note for the remainder. The journal entry should include a
a. credit to Machinery. b. credit to Notes Payable. c. credit to Notes Receivable. d. debit to Cash.
On January 1, a company issues bonds dated January 1 with a par value of $200,000. The bonds mature in 3 years. The contract rate is 4%, and interest is paid semiannually on June 30 and December 31. The market rate is 5%. Using the present value factors below, the issue (selling) price of the bonds is: n= i= Present Value of an Annuity(series of payments) Present value of 1(single sum)3 4.0% 2.7751 0.88906 2.0% 5.6014 0.88803 5.0% 2.7232 0.86386 2.5% 5.5081 0.8623
A. $205,607. B. $172,460. C. $194,492. D. $22,032. E. $200,000.