An individual's desire to create a new business is referred to as:

An individual's desire to create a new business is referred to as:
 A) the entrepreneurial spirit.
  B) the desire for ownership.
  C) self-determination.
  D) self-evaluation.
  E) the laissez-faire spirit.

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Question 2 - Contribution margin is calculated as _______ less _______.
 A) sales revenue; variable costs
  B) fixed costs; variable costs
  C) sales revenue; total costs.
  D) sales revenue; fixed costs
  E) breakeven point; variable costs

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Question 3 - Glenn quit his 9-to-5 job to start his own construction business. Although he typically works 10-12 hours a day to get everything done, he doesn't mind and feels great doing it. This relates to the entrepreneurial characteristic of:
 A) confidence.
  B) energy.
  C) internal drive.
  D) vision.
  E) tolerance for uncertainty.