Ch.7 (Emergence of Female Entrepreneurs)

Question 1

reasons for the emergence of female entrepreneurs (1/7)

Answer 1

financial need

Question 2

reasons for the emergence of female entrepreneurs (2/7)

Answer 2

lack of promotion opportunities

Question 3

reasons for the emergence of female entrepreneurs (3/7)

Answer 3

women returning to the work force

Question 4

reasons for the emergence of female entrepreneurs (4/7)

Answer 4

family and personal responsibility

Question 5

reasons for the emergence of female entrepreneurs (5/7)

Answer 5

public awareness of women and business

Question 6

reasons for the emergence of female entrepreneurs (6/7)

Answer 6

part-time occupations

Question 7

reasons for the emergence of female entrepreneurs (7/7)

Answer 7

higher rate of success for women

Question 8

what is an “entrepreneurial team”?

Answer 8

a group of experience people from different areas of business who join together to form a managerial team with the skills needed to develop, make and market a new product

Question 9

what is an “intrapreneur”

Answer 9

creative people who work as entrepreneurs within corporations

Question 10

the idea of an intrapreneur is to …

Answer 10

use a company’s existing resources- human, financial, and physical- to launch new products and generate new profits

Question 11

micropreneurs are …

Answer 11

the smallest of small businesses. most often defined as having fewer than five employees

Question 12

list the three reasons for the growth of home-based businesses

Answer 12

computer technology, corporate downsizing, change in social attitudes

Question 13

list the five home-based business challenges

Answer 13

getting new customers, managing time, keeping work and family tasks separate, abiding by City Ordinances and managing risks