Question

which of the following statements is true of entrepreneurs? a. entrepreneurs generally start their business with the help of many employees who can take on all the day - to - day responsibilities. b. entrepreneurs usually work standard hours and only have some decision - making authority within the business. c. entrepreneurs often have all the responsibilities of managers but rarely deal with legal/ safety concerns. d. entrepreneurs often work long hours and must take on the financial responsibilities of the business

Explanation:

• Option A is false: Entrepreneurs typically start businesses with few or no employees, handling daily tasks themselves initially.
• Option B is false: Entrepreneurs do not work standard hours and have full decision-making authority over their business.
• Option C is false: Entrepreneurs must handle legal and safety concerns alongside managerial responsibilities.
• Option D is true: Entrepreneurs often work long hours and bear the full financial risks/responsibilities of their business.

Answer:

D. Entrepreneurs often work long hours and must take on the financial responsibilities of the business