26 Types of Entrepreneurship with Examples
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Questions and Answers

What does opportunistic entrepreneurship involve?

  • Learning and developing new skills all the time
  • Generating new ideas within the organization
  • Identifying, exploiting, and performing upcoming opportunities (correct)
  • Collecting features and skills to improve business efficiency

Which entrepreneur exemplifies Acquisitive Entrepreneurship?

  • Arthur Fry
  • Sandeep Maheshwari of Imagesbazaar.com (correct)
  • FedEx founder
  • Ian Hancock

What is the main focus of Acquisitive Entrepreneurship?

  • Identifying and utilizing opportunities in a timely manner
  • Creating new ventures within the organization
  • Learning from the collection of demonstrable features and skills (correct)
  • Learning from failures and developing new skills

Which type of Entrepreneurship involves generating new ideas within the organization?

<p>Incubative Entrepreneurship (A)</p> Signup and view all the answers

What is the key takeaway about failures in entrepreneurship?

<p>Failures should encourage learning and development of new skills (A)</p> Signup and view all the answers

Which entrepreneur exemplifies Incubative Entrepreneurship based on the text?

<p>Imagesbazaar.com founder (D)</p> Signup and view all the answers

What is the main focus of Administrative Entrepreneurship?

<p>Maximizing the efficiency of an organization (B)</p> Signup and view all the answers

Which of the following is NOT an example of Administrative Entrepreneurship?

<p>Implementing a new marketing strategy (A)</p> Signup and view all the answers

How would you best describe Opportunistic Entrepreneurship?

<p>Seizing opportunities as they arise (B)</p> Signup and view all the answers

Which proverb best describes the essence of Opportunistic Entrepreneurship?

<p>&quot;The early bird catches the worm&quot; (D)</p> Signup and view all the answers

How does Administrative Entrepreneurship contribute to a firm's sustainability in the marketplace?

<p>By maximizing organizational efficiency (D)</p> Signup and view all the answers

What distinguishes Administrative Entrepreneurship from other types of entrepreneurship?

<p>Prioritizing administrative functions and techniques (B)</p> Signup and view all the answers

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