The primary objective of an entrepreneurial venture is to
A. reduce the amount of dividends paid.
B. seek growth and high profitability.
C. increase the social capital.
D. provide non-profit services.
E. create a stable small business.
Answer: B
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All of the following are reasons why people become entrepreneurs EXCEPT:
a. desire for independence b. desire to determine one’s own destiny c. they need to succeed d. willingness to accept a challenge e. guaranteed return on investment
Actual authority give the agent:
a. no real authority b. the power and right to change the principal's legal status c. the power and right to make all decisions for the principal, even on matters where the agent does not have authority d. a 50% ownership share in all the principal's assets e. none of the other choices are correct
The RFP or RFQ is sent to ERP vendors to get bids on specific ERP systems
Indicate whether the statement is true or false
The project title should
a. summarize the need and justification for the project. b. state what is expected to be accomplished. c. state the major end products or items expected to be produced. d. be concise and create a vision for the end result of the project.