BUS 311 Test 1

subject Type Homework Help
subject Pages 3
subject Words 282
subject Authors Donald F. Kuratko

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page-pf1
Social entrepreneurs are known to combine resources to exploit opportunities to create
social value.
As part of creating an innovative climate, a firm should base rewards given upon results
achieved.
The elimination of time and effort associated with starting a company is an advantage
of acquiring an ongoing venture.
Sources of debt financing include trade credit, accounts receivables, factoring, and
finance companies.
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Entrepreneurs always start their business at a young age.
What is the potential future of social lending with respect to entrepreneurs?
The entrepreneur's professionalism and how well he or she handles the venture
capitalist is far more important than being well organized and prepared.
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'Great chef' strategies focus on unique markets.
Social obligation, social responsibility, and social responsiveness are all ways firms
view their interactions with society.

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