This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Identify and discuss the three primary reasons that entrepreneurial behavior has a strong impact on ... (Read 68 times)

mydiamond

  • Hero Member
  • *****
  • Posts: 804
on: Jul 6, 2018
Identify and discuss the three primary reasons that entrepreneurial behavior has a strong impact on the United States economy.
 
  What will be an ideal response?

Question 2

It is important for an entrepreneur to select an attorney as late as possible when developing a business venture.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

leahm14

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jul 6, 2018
Answer to Question 1

The two reasons that entrepreneurial behavior has a strong impact on the United States economy are as follows: innovation and job creation. Innovation is the process of creating something new, which is central to the entrepreneurial process. According to the Small Business Administration (SBA) Office of Advocacy, small innovative firms are 16 times more productive than large innovative firms in terms of patents per employee. In regard to job creation, according to the SBA, small businesses create a substantial number of new jobs in the United States. Firms with 500 or fewer employees create 65 percent of new jobs on an annual basis.

Answer to Question 2

FALSE


mydiamond

  • Member
  • Posts: 804
Reply 2 on: Jul 6, 2018
:D TYSM

daiying98

  • Member
  • Posts: 354
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Primary production increases with an increase in total phosphorus concentration. Primary production increases with an increase in total phosphorus concentration.
Primary neurulation Primary neurulation
Stages of Health Behavior Change Stages of Health Behavior Change
Field research on free-living primates allows primatologists to study patterns of behavior in the se Field research on free-living primates allows primatologists to study patterns of behavior in the se
Both humans and apes readily engage in learned imitative behavior. Both humans and apes readily engage in learned imitative behavior.
Levels of protein structure: Primary structure Levels of protein structure: Primary structure
Video: Cognitive development by Piaget (Preoperational stage or intelligence)

For a complete list of videos, visit our video library