Which of the following is a characteristic of entrepreneurs?
A. They believe in creating wealth for the underprivileged rather than for themselves.
B. They start a business so that no form of loss is incurred.
C. They have little or no impact on other people in the society.
D. They risk their time, money, and other resources to start and manage their business.
Answer: D
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Clearwater Hampers is a small British company that sells luxury food and drink in various combinations in picnic hampers. Food and wine are seen as classic, fail-safe gifts in a market where gift-giving is increasingly tricky. Corporate customers, both in the United Kingdom and abroad, are important to the business. Clearwater has had several orders for more than a quarter of a million dollars. The company's leading salesperson, Peter Austin, is preparing the approach he will use during his first sales call on the CEO of Diamonite, a company that specializes in designing, manufacturing, and installing aircraft interiors for executives and heads of state.As Austin presents product information to the CEO of Diamonite, he notices that the CEO is leaning back in his chair and smiling, with
his hands and arms in a relaxed position. The prospect is giving ________ signals. A. cautionary B. neutral C. acceptance D. bored E. disagreement
A decision tree shows:
a. the flow of logic, usually with yes or no responses b. the order things occur in c. rows and columns of data d. none of the above
The higher the perceived risk, the higher the required rate of return.?
Answer the following statement true (T) or false (F)
Which of the following statements about the investments of property and liability insurers is (are) true?
I. Income from investments is important in offsetting any unfavorable underwriting experience. II. Because premium income is continually being received, the investment objective of liquidity is of little importance. A) I only B) II only C) both I and II D) neither I nor II