This examination is worth a total of 95 marks. On the scantron card provided, indicate whether each of the following statements is true or false.
Entrepreneurs are gamblers.
The point in a venture where it becomes profitable can vary with the nature of the venture. The product life cycle is usually less than a year for most products. Environmental risk is an important market factor of your venture. There is a strong negative correlation between the population of a settlement and the number of different business functions. The highest level in Maslow's hierarchy of needs is Status and self esteem.