Which of the following statements is incorrect regarding entrepreneurial activity and age range? A) The highest percent of business owners fall in the 45-54 age range. B) The lowest percent of business owners fall in the 60⁺ age range. C) The majority of business founders have no prior work experience. D) The majority of individuals who start companies are in their forties and fifties. E) Entrepreneurial activity is fairly evenly spread out over age ranges.

Question

Quizplus · Accepted Answer

The statement "The majority of business founders have no prior work experience" is incorrect. In fact, studies have shown that the majority of successful entrepreneurs have prior work experience before starting their own businesses.

Which of the Following Statements Is Incorrect Regarding Entrepreneurial Activity