Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

what can young entrepreneurs start with? 10 points buying large compani…

Question

what can young entrepreneurs start with? 10 points
buying large companies
taking out business loans
lemonade stands or pet sitting services
running international corporations
what is the primary characteristic that defines an entrepreneur? 10 points
someone who only works in technology
someone who takes an idea, gathers resources starts their own business and takes risks
someone who inherits a family company
someone who invests in the stock market

Explanation:

Brief Explanations

For the first question, young entrepreneurs often start small - lemonade stands or pet sitting services are low - cost and manageable starting points. Buying large companies and running international corporations are beyond the reach of most young entrepreneurs starting out, and taking out business loans may not be feasible without a track record. For the second question, an entrepreneur is defined by taking an idea, gathering resources, starting a business, and taking risks. Working only in technology is too narrow, inheriting a family company is not starting a business from scratch, and investing in the stock market is not the same as being an entrepreneur.

Answer:

  1. C. Lemonade stands or pet sitting services
  2. B. Someone who takes an idea, gathers resources starts their own business and takes risks