"Copreneurs" are entrepreneurial couples who work together as co-owners of their business....
Question:
"Copreneurs" are entrepreneurial couples who work together as co-owners of their business. Indicate whether the statement is true or false.
Entrepreneurship:
Entrepreneurship refers to the act of initiating the business or executing the business idea with the intention of making a profit. An individual who performs these entrepreneurial tasks is known as an entrepreneur.
Answer and Explanation:
Become a Study.com member to unlock this answer! Create your account
View this answerThis statement is True
Explanation: 'Copreneurs' is the term used for the couples who perform entrepreneurial tasks or execute business concept...
See full answer below.
Ask a question
Our experts can answer your tough homework and study questions.
Ask a question Ask a questionSearch Answers
Learn more about this topic:

from
Chapter 5 / Lesson 1What is entrepreneurship? See the entrepreneur definition and learn their role in a business. See successful entrepreneur examples and common characteristics.
Related to this Question
- Indicate whether the following statement is true or false: An association of two or more persons acting as co-owners of a business creates a proprietorship.
- Joint ventures tend to fail when managers who must collaborate daily in operating the venture are not involved in forming or shaping the venture. Indicate whether the statement is true or false
- In a corporation, all of the owners help run the business. a. True. b. False.
- If one of a firm's exchange partners behaves opportunistically, this reduces the economic value of the firm. Indicate whether the statement is true or false
- Firms in which CEOs collaborate with board members on an informal basis perform worse than those where the relationships remain more formalized. Indicate whether the statement is true or false
- Each partner is an agent for the business and can legally bind other partners to business agreements. Indicate whether the statement is true or false.
- Indicate whether the statement is true or false. A small business is one that has fewer than 100 employees.
- A business plan provides the entrepreneur with a vehicle for sharing goals and objectives with members of the entrepreneurial team. Indicate whether the statement is true or false.
- Indicate whether the statement is true or false. Joint ventures do not have to be equal partnerships.
- Indicate whether the statement is true or false. Entrepreneurial ventures and small businesses are not the same.
- Entrepreneurs can outsource many of the operations of their companies. Indicate whether the statement is true or false.
- Indicate whether the following statement is true or false: A joint venture is a partnership between two or more firms that is developed to achieve a specific goal and has no joint ownership involved.
- The number one characteristic shared by successful entrepreneurs is passion for the business. Indicate whether the statement is true or false.
- A joint venture is a form of organizational diversification that adds unrelated businesses to the core business. Indicate whether the statement is true or false.
- Entrepreneurship is the outcome of the entrepreneurial process. Indicate whether the statement is true or false.
- Intrapreneurs are entrepreneurs who operate within the framework of an existing business. Indicate whether the statement is true or false.
- Indicate whether the following statement is true or false: Venture capitalists are individuals who invest their personal capital directly in startups.
- When an entrepreneur develops a relationship with a manager in a large established company in order to draw on the corporate manager's experience, it is called "Copreneurship." Indicate whether the statement is true or false.
- The operating core of a company consists of those employees who perform the basic work related to the company's products or services. Indicate whether the statement is true or false.
- There are no restrictions on how partners distribute the company's profits as long as they are consistent with the partnership agreement and do not violate the rights of any partner. Indicate whether the statement is true or false.
- Stockholders in the corporation have the same kind of liability as doing general partners in a partnership. Indicate whether the statement is true or false.
- Good intentions on the part of the partner firms are enough to make alliances work. Indicate whether the statement is true or false
- No partnership is created based upon an employer sharing profits with an employee as payment for work. True or false?
- Indicate whether the statement is true or false. \\ Employees cannot bind a company to an agreement unless the owner intended for them to do so.
- True or false? Many successful entrepreneurs work in a related business before starting their own company.
- Independent entrepreneurs with a go-my-own-way attitude are ideally suited for becoming franchisees. Indicate whether the statement is true or false.
- Answer true or false: No partnership is created based upon an employer sharing profits with an employee as payment for work.
- Raising the question "What is our business" may cause a realization of fundamental disagreement among individuals who have worked together for a long time and who think they know each other. Indicate whether the statement is true or false
- Indicate whether the statement is true or false. Companies may help employees handle family and career simultaneously with compressed workweeks, job sharing, and telecommuting.
- Entrepreneurs forgoing their paychecks during the start-up phase is known as sweat equity. Indicate whether the statement is true or false.
- A limited partner does not have the right to manage the business in any way and still maintain limited status. Indicate whether the statement is true or false.
- The partnership, like the proprietorship, avoids the disadvantage of double taxation. Indicate whether the statement is true or false.
- Employees who are engaged completely invest their energies and themselves into the job. Indicate whether this statement is true or false.
- Indicate whether the statement is true or false. \\ Generally speaking, small businesses are more effective at relationship marketing than larger companies.
- Companies are more likely to discourage romantic relationships between employees at the same level than restricting managers from dating subordinates. Indicate whether the statement is true or false.
- Choosing the "right" joint venture partner is crucial to its ultimate success. Indicate whether the statement is true or false.
- Successful entrepreneurs are often people who challenge orthodoxies. Indicate whether the statement is true or false
- Selecting and hiring a new employee begins a covenantal relationship with that person. Indicate whether the statement is true or false.
- Indicate whether the statement is true or false. Most publicly traded firms are single-business operations.
- Firms must balance the requirements of entrepreneurial ventures with the benefits of sustained linkage to the parent firm. Indicate whether the statement is true or false.
- An integration manager is appointed to oversee the merger of two firms. Indicate whether the statement is true or false
- Indicate whether the following statement is true or false: Codetermination encourages cooperation between management and labor in running a business.
- Managers must understand who owns the company and what their interests are. Indicate whether the statement is true or false
- Firms outsource functions as a means for sharing their capabilities with external suppliers. Indicate whether the statement is true or false
- Indicate whether the statement is true or false. \\ Employees are agents of their employers when performing job-related activities.
- Profit sharing is best used in small to medium-sized firms, while gainsharing works in any size company. Indicate whether this statement is true or false.
- Indicate whether the following statement is true or false: Most entrepreneurial firms are reluctant to try to grow.
- By choosing certain forms of ownership, an entrepreneur does not give up some control over the company. Indicate whether the statement is true or false.
- The corporation is an entity separate and distinct from its owners. Indicate whether this statement is true or false.
- Indicate whether the statement is true or false. Few entrepreneurial firms start as subchapter S corporations.
- An intrepreneur is an entrepreneur who has founded a nonprofit organization. Indicate whether the statement is true or false.
- Most venture capitalists make investments in promising business ventures in return for a share of the ownership. Indicate whether the statement is true or false.
- Indicate whether the statement is true or false. A tax benefit of ESOP plans is that they empower owners to work as employees.
- Indicate whether the statement is true or false. Governments may actually become consortia partners.
- The best form of business entity to attract new capital is the sole proprietorship because investors only need to deal with one owner. True or false?
- Managing employee relations is usually assigned to HR. Indicate whether this statement is true or false.
- True or false? A sole proprietorship is a one-owner business.
- Knowing that employees are "connected" through the grapevine allow business owners to send out ideas to obtain reaction making a formal announcement. Indicate whether the statement is true or false.
- In regards to business management, men and women negotiate differently. Indicate whether the statement is true or false.
- Joint ventures and partnerships between domestic and foreign firms are becoming the exception rather than the rule. Indicate whether the statement is true or false
- A multiple-business organization operates only in one industry. Indicate whether the statement is true or false
- In a partnership, profits (and losses) are shared according to any ratio stated in the articles of partnership. Indicate whether the statement is true or false.
- An entrepreneur usually maintains full control of a business when it is funded by a venture capitalist. Indicate whether the statement is true or false.
- The small business owner should concentrate purchases at a single supplier. Indicate whether the statement is true or false.
- In a benchmarking relationship, the initiator firm is the firm that is being studied. Indicate whether the statement is true or false
- Explain whether the following statement is true or false. Neutral relationships exist when people who work together don't talk to each other.
- The majority of venture capital firms that provide capital to small businesses strive to not be involved in running the business. Indicate whether the statement is true or false.
- Indicate whether the following statement is true or false: The two primary audiences for a firm's business plan are a firm's employees and investors and other external stakeholders.
- A company can prevent you from dating coworkers. Indicate whether the statement is true or false.
- Firms that compete in some aspects of business may actually cooperate in other business areas. Indicate whether the statement is true or false
- Indicate whether the statement is true or false. A new venture team is the group of founders, key employees, and advisers that move a new venture from an idea to a fully functioning firm.
- Profit-sharing is a compensation plan that helps HR managers with recruiting and retaining employees. Indicate whether this statement is true or false.
- The key to a successful family business is shared values. Indicate whether the statement is true or false.
- Indicate whether the statement is true or false. A limited partner is liable only for the amount he has invested in the business.
- The Internal Revenue Service requires partnerships to designate one person to be responsible for handling the partnership's tax matters. Indicate whether the statement is true or false.
- Indicate whether the following statement is true or false: Successful collaborative ventures may involve conflict and tension between partners rather than unity and complacency.
- To make a successful franchise operation, an entrepreneur's business model must be replicable. Indicate whether the statement is true or false.
- Indicate whether the following statement is true or false: One of the ways companies can help dual-career couples is by offering flexible working arrangements to allow employees to take time off when needed
- Shared activities can increase the expenses for a diversified firm's business. Indicate whether the statement is true or false
- When there are many businesses and they are largely unrelated, the firm is referred to as a conglomerate. Indicate whether the statement is true or false
- Contingent workers have a non-traditional relationship with worksite employers and work as part-timers, temporaries, or independent contractors. Indicate whether this statement is true or false.
- When the probability of cheating in a cooperative relationship is lowest, a joint venture is usually the preferred form of cooperation. Indicate whether the statement is true or false
- The frequency of cooperative arrangements between rival firms has been increasing. Indicate whether the statement is true or false
- Business is transforming itself from a "command and control" environment to one of collaboration. Indicate whether the statement is true or false
- Joint Ventures are usually successful because two companies share the risk. True or false?
- When two small businesses in the target nation form an alliance, they have formed a foreign joint venture. Indicate whether the statement is true or false.
- Indicate whether the statement is true or false. Small businesses employ over half of all private workers.
- Corporate meetings are designed to allow managers to coordinate activities with subordinates in their units. Indicate whether this statement is true or false.
- Entrepreneurs can do whatever they want and that conflictive action taken by entrepreneurs against society's ethical standards does not incur a price. Indicate whether the statement is true or false.
- In a nonequity alliance, firms create a legally independent firm in which they invest and from which they share any profits that are created. Indicate whether the statement is true or false
- Business success doesn't always scale. Indicate whether the statement is true or false.
- In mergers and acquisitions, the owners of the bidding firm appropriate the economic value created by the transaction. Indicate whether the statement is true or false
- State true or false and justify your answer: The SBA has defined a small business as one independently owned, operated for profit, and not dominant in its field.
- Few companies actually ban romantic relationships in the workplace. Indicate whether the statement is true or false.
- You would expect a public relations company to be more adaptive than a manufacturing company. Indicate whether the statement is true or false.
- Indicate whether the statement is true or false. Small nationals can exploit opportunities for inter-business-unit collaboration.
- Indicate whether the statement is true or false. The corporation, like the proprietorship, avoids the "double taxation" disadvantage associated with the partnership form of ownership.
- Indicate whether the statement is true or false. A partner cannot legally bind the other partners to a business agreement.
- In a partnership, the general partner(s) share their unlimited liability for the business debts with both silent and dormant partners. Indicate whether the statement is true or false.
- Explain whether the following statement is true or false. The shared values and beliefs of employees within any given organization is called a corporate culture.