Pete inherited a thriving dry cleaning business from his father and mother. He continued the tradition of offering quality service to the customers he served. As the surrounding towns expanded, several people suggested that Pete expand the business to offer service in new locations. He chose to maintain only one operation, so as not to lose control and to keep his work life and home life balanced. Pete is a good example of a(n) ______________

Question

Quizplus · Accepted Answer

Pete's decision to maintain only one operation and not expand to new locations aligns with the characteristics of a micropreneur, who tends to keep their business small and manageable in order to balance work and life. A small business affiliate is someone who is part of a larger organization, an intrapreneur is someone who operates like an entrepreneur within a larger organization, and an enterprise zone participant is a business owner who operates in an economically disadvantaged area and receives certain tax benefits or incentives. None of these descriptions fit Pete's situation.

Pete Inherited a Thriving Dry Cleaning Business from His Father