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Given Pepe's willingness to accept the risks of opening and running Pepe's Pizzazzeria, he is clearly an example of a(n)


A) arbitrageur.
B) intrapreneur.
C) gambler.
D) entrepreneur.

E) None of the above
F) A) and D)

Correct Answer

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The Spotlight on Small Business box "Student Startups" features students who


A) directed inheritance money they received into profitable business ventures.
B) turned a passion into a business opportunity.
C) realized the American dream at a very young age, and now run multimillion-dollar companies.
D) convinced banks to fund their business ideas.

E) None of the above
F) B) and D)

Correct Answer

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Recent evidence suggests that the small business failure rate is significantly higher than previously reported.

A) True
B) False

Correct Answer

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