1) Entrepreneurship involves accepting the risk of starting and running a business

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1) Entrepreneurship involves accepting the risk of starting and running a business.

True      False

2. Entrepreneurship is another name for management.

True           False

3. Entrepreneurs are less important now than in the past to the Canadian economy.

True     False

4. While entrepreneurs frequently earn significant profits for themselves, their impact on society is quite small.

True    False

5. Many business started by entrepreneurs have grown into major corporations employing thousands of workers.

True    False