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Identify A Defining Characteristic Of Entrepreneurial Firms

Question: Fixed gear single speed bikes

Answer: Pure Fix Cycles, the company profiled in the opening feature of chapter1, was launched by four co-founders and sells

Question: Which of the following is an accurate characterization of interest in entrepreneurship?

Answer: There is tremendous interest in entrepreneurship across the world

Question: 12.7

Answer: According to the global entrepreneurship monitor (GEM) 2013 survey, about percent of adults in the united states are wither starting a business or are running a business that has been in existence for less than 3 1/2 years

Question: To take advantage of an attractive opportunity

Answer: According to the global entrepreneurship monitor (GEM 2013 study, the majority of people in high-income countries are drawn to entrepreneurship _____________.

Question: Which of the following statements regarding survival rates of entrepreneurial firms in the United States is correct?

Answer: As high as 50 percent after four years

Question: proactive, innovative, and risk taking

Answer:

Question: entrepreneurial intensity

Answer: Google is a firm that is proactive, innovative and risk-taking. From this description, we can most accurately conclude that Google has a high level of _____.

Question: corporate

Answer: Apple is an established firm that encourages and emphasizes entrepreneurial behavior throughout its various divisions. According to the textbook, Apple practices _______ entrepreneurship

Question: True

Answer: According to the opening feature on Pure Fix Cycles, one of the biggest challenges the startup now faces is an increasingly competitive marketplace.

Question: True

Answer: According to the results of the GEM 2013 survey, about 1 out of every 8 American adults is actively engaged in starting a business or is the owner/manager of a business that is less than 3 1/2 years old.