For Questions 20 – 21, use the following information. Carry out calculations to 4 decimals. Laid-off workers who become
Posted: Sun Jul 10, 2022 10:16 am
For Questions 20 – 21, use the following information.Carry out calculations to 4 decimals.
Laid-off workers who become entrepreneurs because they cannotfind meaningful employment with another company are known asentrepreneurs by necessity. The Wall Street Journalreported that these entrepreneurs by necessity are less likely togrow into large businesses than are entrepreneurs by choice. Thearticle states that 85% of the entrepreneurs in the United Statesare entrepreneurs by choice and 15% are entrepreneurs by necessity.Only 10% of entrepreneurs by necessity expect their new business toemploy 20 or more people within 5 years. But, 34% of entrepreneursby choice expect to employ at least 20 people within 5 years.
Laid-off workers who become entrepreneurs because they cannotfind meaningful employment with another company are known asentrepreneurs by necessity. The Wall Street Journalreported that these entrepreneurs by necessity are less likely togrow into large businesses than are entrepreneurs by choice. Thearticle states that 85% of the entrepreneurs in the United Statesare entrepreneurs by choice and 15% are entrepreneurs by necessity.Only 10% of entrepreneurs by necessity expect their new business toemploy 20 or more people within 5 years. But, 34% of entrepreneursby choice expect to employ at least 20 people within 5 years.