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True or False The primary motive of an enterprise is to make a profit.




True or False;The primary motive of an enterprise is to make a profit.;A skunkworks is a group of people who split off from a company to use its proprietary technology and trade secrets for starting their own enterprise.;More entrepreneurs are driven by opportunity than necessity.;A small business that requires little investment to become operational is called an ultralight startup.;After working hard and facing enormous risks, many entrepreneurs sell their business to realize a substantial profit.;A service corps consists of individuals and companies in a specific business or industry organized to promote common interests.;A business model defines the need a proposed business will fill as well as its operations, components, functions, and expected revenues and expenses.;The Small Business Administration offers a variety of direct loans to help new businesses get started.;A venture capitalist receives an ownership stake in a new business in return for its investment.;Tax credits are a key tool that governments use to encourage business development in enterprise zones.;The term going public refers to the launch of a company's website.;Big businesses are more likely to fail than small businesses.;Small businesses can fail due to problems with economies of scale.;The incoming and outgoing of money in a business enterprise is called total balance of payments.


Paper#19554 | Written in 18-Jul-2015

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