According to the Panel Study of Entrepreneurial Dynamics (PSED), a majority of entrepreneurs indicated that:

A. starting a business is a loss-making proposition.
B. the business idea came first.
C. the idea and decision were simultaneous.
D. the decision to start a business came first.


Answer: D

Business

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A(n) _______ is a single point of contact within a company for managing customer incidents and service requests.

Fill in the blank(s) with the appropriate word(s).

Business

The life of one who dies in a workplace accident has ________ value that can be measured, in part, by the lost wages that would have been earned had that person lived.

A. absolute B. intrinsic C. extrinsic D. instrumental

Business

When a company uses ________, it brings in an external company to run some of its essential operations

A) outsourcing B) insourcing C) conventional marketing D) logistics management E) a vertical marketing system

Business

Finding alternative uses for underutilized capacity is associated with what type of capacity management technique?

a. Employee scheduling b. Yield/revenue management c. Capacity sharing d. Employee cross-training

Business