Answer:
Jeremy Stoppelman and Russel Simmons, founders of Yelp, are best described as entrepreneurs. Option (4) is true.
Step-by-step explanation:
Entrepreneurs:
Entrepreneurs are individuals who take the initiative to start and build a new business or venture.
They are characterized by their willingness to take risks, innovate, and create something new in the marketplace. Entrepreneurs often identify opportunities, organize resources, and manage the operations of their ventures.
Yelp's Founders:
Jeremy Stoppelman and Russel Simmons founded Yelp, a website that revolutionized the way people find and review businesses.
They identified a gap in the market, developed a platform for user-generated reviews, and successfully built a business around it.
Innovation and Risk-Taking:
Entrepreneurs are known for their innovation and willingness to take risks. Stoppelman and Simmons demonstrated this by creating a new type of business—Yelp—that did not exist before.
They brought a fresh and innovative approach to the world of business by leveraging user reviews to help consumers make informed choices about local businesses.
Distinction from Other Terms:
While terms like "inventors" and "business developers" are related, they have specific nuances. Inventors typically focus on creating new products or technologies, while business developers may work on expanding existing businesses.
Entrepreneurs encompass a broader spectrum, involving the creation and development of new ventures.
Intrapreneurs:
Intrapreneurs are individuals within an existing organization who exhibit entrepreneurial qualities by driving innovation and taking risks within the company. Stoppelman and Simmons, as founders of Yelp, fall more directly into the category of entrepreneurs rather than intrapreneurs.
Thus, option (4) is true.