An owner-manager is a person who founds a new business. (Points: 2) True False 2. A reasonable goal of an entrepreneur would be to “get rich slowly”. (Points: 2) True False 3. A large percentage of small business owners cite their desire to be their own boss as the main reason they left their previous employers. (Points: 2) True False 4. A refugee is a person who tried entrepreneurship, failed, and sought refuge in corporate employment. (Points: 2) True False 5. A mechanic who starts an independent garage can best be thought of as an opportunistic entrepreneur. (Points: 2) True False 6. Small and entrepreneurial firms cannot hold their own or gain an edge over successful, more powerful businesses. (Points: 2) True False 7. Paternalism is a distinguishing characteristic between artisan and opportunistic businesses. (Points: 2) True False 8. Most entrepreneurs have an external locus of control. (Points: 2) True False 9. According to Bernard Rapoport, achieving your goals is the important thing - not how you achieve them. (Points: 2) True False 10. Many entrepreneurs are people of principle, and integrity regulates their quest for profits. (Points: 2) True False 11. According to a recent survey, many small business owners experienced ethical problems pertaining to the environment, but very few of them reported ethical problems in relationships with customers. (Points: 2) True False 12. Unethical business behaviors take place in every country, but some countries must deal with more serious forms of illegal business activity than others. (Points: 2) True False 13. Temptations and pressures to act unethically are thought to be greater in big business than in small business. (Points: 2) True False 14. Business practices and other behaviors reflect the underlying values of the leaders and employees of a business. (Points: 2) True False 15. Without a strong commitment to integrity on the part of small business leadership, ethical standards can easily be compromised. (Points: 2) True False 16. Codes of ethics should not only express the principles that members of the firm should follow but also give examples of situations likely to be faced. (Points: 2) True False 17. Local, state, and federal tax obligations such as Social Security, Medicare and unemployment insurance must be withheld, but the largest tax burden on small business is the income tax because it must be paid whether the company makes a profit or not. (Points: 2) True False 18. An Internet innovation known as donuts was developed so that Web sites could recognize return visitors and thus generate a customized and personalized response. (Points: 2) True False 19. The Ethics Resource Center has adapted a six-step process to help small businesses see issues more clearly and make better, more ethical decisions. (Points: 2) True False 20. A person selling 2nd grade flooring as 1st grade flooring is engaging in ethical business practices. (Points: 2) True False