17 Best Entrepreneurship Questions and Answers (Q&A) - ProProfs Discuss

What cannot be considered a disadvantage of Entrepreneurship?

C. Hughes, Musician
Answered: Sep 08, 2020

There have been many advantages of entrepreneurship for an individual and also the society when compared to the disadvantages. Here are a few advantages of entrepreneurship. 1. Employment g...Read More

10 Answers

2587 views

What type of entrepreneurial business actually produce the products they sell?

J. Alfie, Content Writer
Answered: Dec 15, 2020

The correct answer to this question is “Manufacturing.”
Manufacturing can be defined as the process of processing raw materials into finished goods through the use of tools,...Read More

2 Answers

2385 views

What type of entrepreneurial business sells products to people other than the final customer?

Malcolm Carneal, Digital Nomad
Answered: Jan 03, 2019

To buy at a wholesale price means to buy it directly from the factory at cost or with minimal markup. This is often what happens between manufacturers and other companies - such as Bath and Body...Read More

2 Answers

2222 views

What type of business are you interested in starting?Â Where would it be located (which part of the city)? What would be a goal for your business?

C.Charlotte
Answered: Feb 10, 2020

I am passionate about animals, and I am especially devoted to cats. I would have a no-kill place for lost for abandoned kitties to go, and I would take care of them and try to find them homes....Read More

3 Answers

2195 views

What type of entrepreneurial business sells products directly to the people who use or consume them?

Wyatt Williams
Answered: Dec 21, 2024

Retailing

1 Answer

1545 views

What type of entrepreneurial business sells service instead of a product?

Mrsruffin
Answered: Dec 21, 2024

Service

1 Answer

1184 views

Which one of the following is not an opportunity?

M. Kennedy, Web Content Writer
Answered: Mar 29, 2019

The concept of a needs hierarchy comes from academic psychology (Maslow's theory). However, it has been snatched up eagerly by those who wish to capitalise upon people's wants, desires, actual...Read More

2 Answers

895 views

Which factors influence entrepreneurship?

O. Miller, Content Optimization Executive
Answered: May 10, 2019

Some entrepreneurs become influenced by the things that they experience. There are also some who become particularly useful entrepreneurs because of the things that they have experienced in the...Read More

2 Answers

806 views

What is a variable cost?

Mrsruffin
Answered: Dec 21, 2024

Cost that go up and down

1 Answer

634 views

Which would be the best channel of distribution for a small business that sells custom made furniture?

Akellyassabet
Answered: Dec 21, 2024

Manufacturer to Consumer

1 Answer

617 views

How does it appear when looking at the advantages and disadvantages of starting various types of businesses?

Nksandoval
Answered: Dec 21, 2024

Businesses that offer a chance for high profits tend to be difficult to start and hard to keep going

1 Answer

570 views

What suggestions would an experienced entrepreneur most likely give to someone who is thinking about starting their own business?

Nksandoval
Answered: Dec 21, 2024

Even small businesses must keep accurate records

1 Answer

544 views

How is an intrapreneur different from an entrepreneur?

John Smith
Answered: Dec 21, 2024

Intrapreneurs work within existing corporations while entrepreneurs assume the risks of starting their own business

1 Answer

499 views

What are the six entrepreneurial activities of middle-level managers?

Befr
Answered: Dec 21, 2024

Endorse, Refine, Shepherd, Identify, Acquire, Deploy.

1 Answer

456 views

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