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20 May 2022, 03:58
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Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
95%
(hard)
Question Stats:
30% (01:33) correct
70%
(01:28)
wrong
based on 165
sessions
History
Date
Time
Result
Not Attempted Yet
Typically, the entrepreneur is seen as an individual who owns and operates a small business. But simply to own and operate a small business – or even a big business – does not make someone an entrepreneur. If this person is a true entrepreneur, then new products are being created and new ways of providing services are being implemented.
What can be best concluded from above.
(A) Mike provided the seed funding for a very innovative business - Intel, he is a very successful entrepreneur.
(B) Entrepreneurs are the main actors in economic growth.
(C) Mike is an owner of a large business, he may be an entrepreneur.
(D) Someone who develops an enterprise may be considered an entrepreneur.
(E) Mike does cutting-edge research in defense industry, he is an entrepreneur.
What can be best concluded from above.
(A) Mike provided the seed funding for a very innovative business - Intel, he is a very successful entrepreneur.
(B) Entrepreneurs are the main actors in economic growth.
(C) Mike is an owner of a large business, he may be an entrepreneur.
(D) Someone who develops an enterprise may be considered an entrepreneur.
(E) Mike does cutting-edge research in defense industry, he is an entrepreneur.
genericUser
Joined: 31 Jan 2022
Last visit: 22 Dec 2023
Posts: 111
Given Kudos: 35
Location: Italy
Schools: SDA Bocconi "24 (M)
GMAT 1: 670 Q49 V33
GMAT 2: 690 Q47 V37
GPA: 3.9
20 May 2022, 07:09
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Typically, the entrepreneur is seen as an individual who owns and operates a small business. But simply to own and operate a small business – or even a big business – does not make someone an entrepreneur. If this person is a true entrepreneur, then new products are being created and new ways of providing services are being implemented.
What can be best concluded from above.
Entrepreneur: (1) own a business + (2) new products are being created and new ways of providing services are being implemented
(A) Mike provided the seed funding for a very innovative business - Intel, he is a very successful entrepreneur.
stem do not provide us insight on how to detect a successful entrepreneur
(B) Entrepreneurs are the main actors in economic growth.
out of scope
(C) Mike is an owner of a large business, he may be an entrepreneur.
Correct. has (1), he may have olso (2)
(D) Someone who develops an enterprise may be considered an entrepreneur.
Someone can develops, still he or she may not be the owner
(E) Mike does cutting-edge research in defense industry, he is an entrepreneur.
we are discussing abut ownership and innovation
What can be best concluded from above.
Entrepreneur: (1) own a business + (2) new products are being created and new ways of providing services are being implemented
(A) Mike provided the seed funding for a very innovative business - Intel, he is a very successful entrepreneur.
stem do not provide us insight on how to detect a successful entrepreneur
(B) Entrepreneurs are the main actors in economic growth.
out of scope
(C) Mike is an owner of a large business, he may be an entrepreneur.
Correct. has (1), he may have olso (2)
(D) Someone who develops an enterprise may be considered an entrepreneur.
Someone can develops, still he or she may not be the owner
(E) Mike does cutting-edge research in defense industry, he is an entrepreneur.
we are discussing abut ownership and innovation
08 Oct 2023, 01:39
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Bunuel
Hi Bunuel - can you please provide detailed explanation why Option B is incorrect?
Thanks
