Entrepreneurship & Small Business Management Flashcards

1
Q

Two other differences between small business and entrepreneurship ventures?

A
  1. Small businesses usually deal with known and established products and service, entrepreneurial ventures are for new innovative offerings.
  2. Small business aim for limited growth and continued profitability while EV take deep dives with lots of unknown risks
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What is the main difference between small business and entrepreneurship?

A

Innovation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly