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26 Types of Entrepreneurship with Examples

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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?

Incubative Entrepreneurship Signup and view all the answers

What is the key takeaway about failures in entrepreneurship?

Failures should encourage learning and development of new skills Signup and view all the answers

Which entrepreneur exemplifies Incubative Entrepreneurship based on the text?

Imagesbazaar.com founder Signup and view all the answers

What is the main focus of Administrative Entrepreneurship?

Maximizing the efficiency of an organization Signup and view all the answers

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

Implementing a new marketing strategy Signup and view all the answers

How would you best describe Opportunistic Entrepreneurship?

Seizing opportunities as they arise Signup and view all the answers

Which proverb best describes the essence of Opportunistic Entrepreneurship?

"The early bird catches the worm" Signup and view all the answers

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

By maximizing organizational efficiency Signup and view all the answers

What distinguishes Administrative Entrepreneurship from other types of entrepreneurship?

Prioritizing administrative functions and techniques Signup and view all the answers