1. person who assumes the risks of a business 2. helps you focus on what you want to do how you'll enterprise do it, and what you expect to accomplish in business 3 according to this agency.small business owners are usually the managers. 4. risk of starting and running a business a business started by someone who accepts the 5. a business that operates on the internet 6. money left over after a business has paid all costs of doing business 7. a business that employs less than 500 people 8. people who take chances 9 reason an entrepreneur may fail 10 business expertise needed for the success of small a. lack of money b. profit c. good managerial skills d. Small Business Administration e. business plan f. entrepreneur g. virtual business or dot-com h. small business 1. entrepreneurship 1. risk takers

Question

1. person who assumes the risks of a business 2. helps you focus on what you want to do how you'll enterprise do it, and what you expect to accomplish in business 3 according to this agency.small business owners are usually the managers. 4. risk of starting and running a business a business started by someone who accepts the 5. a business that operates on the internet 6. money left over after a business has paid all costs of doing business 7. a business that employs less than 500 people 8. people who take chances 9 reason an entrepreneur may fail 10 business expertise needed for the success of small a. lack of money b. profit c. good managerial skills d. Small Business Administration e. business plan f. entrepreneur g. virtual business or dot-com h. small business 1. entrepreneurship 1. risk takers

Answer 1

1. f. entrepreneur2. e. business plan3. d. Small Business Administration4. i. entrepreneurship5. g. virtual business or dot-com6. b. profit7. h. small business8. j. risk takers9. a. lack of money10. c. good managerial skills

Answer 2

1. The term for a person who assumes the risks of a business enterprise is an entrepreneur. They are individuals who start and run businesses, taking on financial risks in the hope of profit.2. A business plan helps entrepreneurs focus on their goals, strategies, and anticipated outcomes. It outlines what they intend to do and how they plan to achieve it, often used for securing funding or guiding operations.3. The Small Business Administration is a government agency that provides support to small businesses. It recognizes that small business owners often manage their own enterprises.4. Entrepreneurship refers to the act of starting and running a business, characterized by taking on financial risks in the hope of profit. It is the process of designing, launching, and running a new business.5. A virtual business or dot-com operates primarily on the internet. These businesses conduct their transactions online.6. Profit is the financial gain left over after all the expenses of running a business have been paid. It is a key indicator of business success.7. A small business is often defined as an organization that employs fewer than 500 people. This definition varies by country and industry.8. Risk takers are people who are willing to take chances, often associated with entrepreneurs who risk capital in business ventures.9. One reason an entrepreneur may fail is due to a lack of money. Insufficient capital can hinder the ability to operate and grow a business.10. Good managerial skills are essential for the success of a small business. These skills include managing resources, making decisions, and leading people effectively.

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