unit 1 — challenge 1.2: options and challenges of businesses\n1 — small business and the entrepreneur\nlearni…

unit 1 — challenge 1.2: options and challenges of businesses\n1 — small business and the entrepreneur\nlearning objective: differentiate between entrepreneurs and small business owners.\nwhat is the main difference between small business owners and entrepreneurs?\na.) entrepreneurs take on businesses with the goal of growth and expansion, but it is always the same for small business owners.\nb.) entrepreneurs have a goal of generating profit, but it is not always the same for small business owners.\nc.) small business owners usually last longer than entrepreneurs.\nd.) entrepreneurs lack the innovation and creativity that small business owners have.

unit 1 — challenge 1.2: options and challenges of businesses\n1 — small business and the entrepreneur\nlearning objective: differentiate between entrepreneurs and small business owners.\nwhat is the main difference between small business owners and entrepreneurs?\na.) entrepreneurs take on businesses with the goal of growth and expansion, but it is always the same for small business owners.\nb.) entrepreneurs have a goal of generating profit, but it is not always the same for small business owners.\nc.) small business owners usually last longer than entrepreneurs.\nd.) entrepreneurs lack the innovation and creativity that small business owners have.

Answer

Brief Explanations:

Entrepreneurs are typically focused on growth - creating new business models, expanding into new markets etc. Small business owners may just aim to maintain a stable, profitable business, not always seeking rapid growth or expansion. Profit - generation is a goal for both, and there's no evidence for longevity differences or that entrepreneurs lack innovation.

Answer:

a.) Entrepreneurs take on businesses with the goal of growth and expansion, but it is not always the same for small business owners.