What is the primary motive of an enterprise

Question

Assignment:

True or False

1. The primary motive of an enterprise is to make a profit.
2. A skunkworks is a group of people who split off from a company to use its proprietary technology and trade secrets for starting their own enterprise.
3. More entrepreneurs are driven by opportunity than necessity.
4. A small business that requires little investment to become operational is called an ultralight startup.
5. After working hard and facing enormous risks, many entrepreneurs sell their business to realize a substantial profit.
6. A service corps consists of individuals and companies in a specific business or industry organized to promote common interests.
7. A business model defines the need a proposed business will fill as well as its operations, components, functions, and expected revenues and expenses.
8. The Small Business Administration offers a variety of direct loans to help new businesses get started.
9. A venture capitalist receives an ownership stake in a new business in return for its investment.
10. Tax credits are a key tool that governments use to encourage business development in enterprise zones.
11. The term going public refers to the launch of a company's website.
12. Big businesses are more likely to fail than small businesses.
13. Small businesses can fail due to problems with economies of scale.
14. The incoming and outgoing of money in a business enterprise is called total balance of payments.