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4.2 Hurdles to Entrrepreneurship

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  •  English    11     Public
    NGPF
  •   Study   Slideshow
  • What percent of new businesses are still operating after 10 years?
    50%
    41%
    34.6%
  •  15
  • What is the top reason entrepreneurs provided when asked why their startup failed?
    ran out of cash/failed to raise new capital
    burned out
    poor product
  •  15
  • The term “ethics” often describes the investigation and analysis of ________________ and ________.
    economics and sales
    moral principles and dilemmas
  •  15
  • The term “ethics” can refer to rules or guidelines that establish what conduct is _______________ for individuals and groups.
    easiest and most profitable
    right and wrong
  •  15
  • Which of the following best describes the role(s) an entrepreneur plays within their business?
    Focused only on sales and marketing
    Focused on multiple roles and functions of the business
    Focused only on Human Resources
  •  15
  • What are the top two reasons reported as why startups fail?
    Got outcompeted/flawed business model
    ran out of cash/no market need
  •  15
  • To make sure a company lives up to its mission statement, it should establish and follow the guidelines of a…
    Non-profit organization
    code of ethics
    Legal entity
  •  15
  • What is our coping skill of the day?
    PST
  •  15
  • What are our 4 classroom expectations?
    Be Safe, Be Responsible, Be Respectful, Follow Directions
  •  15
  • As your business’s Chief Financial Officer, what are the two major skills you will need?
    Project Management and Organization
    Leadership and Negotiation
    Budgeting and Accounting
  •  15
  • All of the following are responsibilities of the person in charge of a business's Human Resources EXCEPT...
    Hiring and training employees
    Product research and development
    Payroll and benefits
    Health Insurance
  •  15