What is not a key difference between self-employed people and entrepreneurs?
A) When a self-employed person retires or quits, the business generally closes; an entrepreneur's company continues even if the entrepreneur dies or moves on.
B) Self-employed people tend to work virtually and avoid taking risks; entrepreneurs tend to take risks, and they think on a global scale.
C) The self-employed are experts who do much of the work themselves; entrepreneurs realize they can't do everything themselves, so they hire and delegate responsibilities to people they trust.
D) Self-employed people can incorporate or organize as sole proprietors; entrepreneurs have a broader set of legal requirements, along with insurance and tax considerations.
E) Self-employed people have broad aspirations aimed at influencing industries and markets; entrepreneurs are more focused on operating a business in a specific geographic area and market.
Correct Answer:
Verified
Q6: Who would be considered an intrapreneur?
A) Siobhan,
Q7: _ means the taking of risks to
Q8: According to the Global Entrepreneurship and Development
Q9: Which example best fits the definition and
Q10: If you were giving an aspiring entrepreneur
Q12: What is not a core component of
Q13: Unlike entrepreneurs, self-employed people tend to
A) hire
Q14: Marvella has created a high-frequency buzzer that
Q15: A business plan will likely not answer
Q16: Who is least likely to describe himself
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents