Differentiate "entrepreneurship" from 'small business"

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter7: Entrepreneurship
Section: Chapter Questions
Problem 7CRQ: How do the small-business owners and entrepreneurs roles change over time?
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Question
Differentiate "entrepreneurship" from 'small business"
Select the correct response:
all business owners are risk takers
all small business owners are entrepreneurs
entrepreneurial organizations are those that do something new, while small businesses are defined by their size
all entrepreneurs operate small businesses
none of the above
Transcribed Image Text:Differentiate "entrepreneurship" from 'small business" Select the correct response: all business owners are risk takers all small business owners are entrepreneurs entrepreneurial organizations are those that do something new, while small businesses are defined by their size all entrepreneurs operate small businesses none of the above
Question 8 of 15
2 Points
Tom Szaky founded Terracycle after he discovered that he could profitably take waste from the kitchen at the university where he was a student, feed that waste to worms, and sell the worms' excrement in used
soda bottles as plant fertilizer. Szaky illustrates what kind of entrepreneurship?
Select the correct response:
FBL
TBL
SET and FBL
either FBL or TBL
none of the above
Transcribed Image Text:Question 8 of 15 2 Points Tom Szaky founded Terracycle after he discovered that he could profitably take waste from the kitchen at the university where he was a student, feed that waste to worms, and sell the worms' excrement in used soda bottles as plant fertilizer. Szaky illustrates what kind of entrepreneurship? Select the correct response: FBL TBL SET and FBL either FBL or TBL none of the above
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