Paige independently owns and operates HiZ Inc., a company with 22 employees. She manages aggressively and expects rapid sales and profit growth. Paige's company is considered a(n) ________ venture.

Question

Quizplus · Accepted Answer

Paige's business is entrepreneurial because she independently owns and operates it with the expectation of rapid growth, which is the hallmark of an entrepreneurial venture. Intrapreneurial ventures are those launched by employees within a larger organization, while franchises are businesses that operate under an established brand and business model. Small businesses may or may not have aggressive growth goals, and dependent ventures rely on another business for their success.

Paige Independently Owns and Operates HiZ Inc