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Questions and Answers
What is the main purpose of entrepreneurship?
What is the most important factor in successfully achieving entrepreneurial goals?
What is NOT a benefit of entrepreneurship?
Study Notes
- Entrepreneurship is the process of creating and building something of value from practically nothing.
- Entrepreneurship usually requires a vision and the passion, commitment, and motivation to transmit this vision to other stakeholders, such as partners, customers, suppliers, employees, and financial backers.
- Entrepreneurship involves the definition, creation, and distribution of value and benefits to individuals, groups, organizations, and society.
- Entrepreneurship is very rarely a get-rich-quick proposition; rather, it is one of building long-term value and durable cash flow streams.
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Description
Test your knowledge about the process of creating and building something of value from practically nothing, involving vision, passion, commitment, and the distribution of value and benefits to individuals, groups, organizations, and society.
