aznrunsalot
New member
Gill Balstock started his business after inventing an environmentally-friendly disposal foam container for dairy products. His son Larry now runs the business while Gill pursues other projects. Gill is a
___and Larry is a ___.
a.founder, follow-on entrepreneur
b.initiator, instigator
c.founder, franchisee
d.founder, second-stage entrepreneur
Amy Mendez is contemplating opening her own business. She should ____.
a.stick to traditional fields for women (such as women's clothing stores or beauty shops) since nontraditional fields are virtually closed to women.
b.realize that many banks will be slow to offer loans because she is a woman.
c.realize that she is going against the flow, in that the proportion of women-owned firms is decreasing slightly.
d.know that women-owned firms are basically part-time businesses.
Compared to their larger competitors, small firms may be better positioned to provide good customer service because they
a.do not struggle as much with bureaucracy.
b.tend to have established corporate policies that emphasize a customer focus.
c.have a narrow range of products or services to offer.
d.refuse to be distracted by other developments in the industry.
___and Larry is a ___.a.founder, follow-on entrepreneur
b.initiator, instigator
c.founder, franchisee
d.founder, second-stage entrepreneur
Amy Mendez is contemplating opening her own business. She should ____.
a.stick to traditional fields for women (such as women's clothing stores or beauty shops) since nontraditional fields are virtually closed to women.
b.realize that many banks will be slow to offer loans because she is a woman.
c.realize that she is going against the flow, in that the proportion of women-owned firms is decreasing slightly.
d.know that women-owned firms are basically part-time businesses.
Compared to their larger competitors, small firms may be better positioned to provide good customer service because they
a.do not struggle as much with bureaucracy.
b.tend to have established corporate policies that emphasize a customer focus.
c.have a narrow range of products or services to offer.
d.refuse to be distracted by other developments in the industry.