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Are You an Entrepreneurial Mastermind?
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Are You an Entrepreneurial Mastermind?

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Questions and Answers

Which term refers to someone who identifies and acts on an idea or problem that no one else has identified or acted on?

  • Entrepreneur (correct)
  • Investor
  • Innovator
  • Manager
  • What does the term 'entrepreneurship' imply?

  • Investing in social services institutions
  • Designing new products and techniques
  • Taking risks and investing resources in business ventures (correct)
  • Creating new markets only in business enterprises
  • What is the origin of the word 'entrepreneur'?

  • Sixteenth century English noun
  • Sixteenth century French noun
  • Thirteenth century English verb
  • Thirteenth century French verb (correct)
  • According to Professor Nathaniel Left, what does entrepreneurship involve?

    <p>Innovation, investment, and expression in new markets</p> Signup and view all the answers

    Where can entrepreneurship be applied apart from business enterprises?

    <p>Schools, hospitals, and other social services institutions</p> Signup and view all the answers

    Entrepreneurship is not only applicable to business enterprises. It can also be done in ______, ______, and other social services institutions.

    <p>schools, hospitals</p> Signup and view all the answers

    The word 'entrepreneur' originates from a thirteenth century French verb, entreprendre, meaning 'to do something' or 'to ______.'

    <p>undertake</p> Signup and view all the answers

    Entrepreneurship is the capacity for ______, investment and expression in new markets, products and techniques.

    <p>innovation</p> Signup and view all the answers

    By the sixteenth century, the noun form, entrepreneur, was being used to refer to someone who ______ a business venture.

    <p>undertakes</p> Signup and view all the answers

    Entrepreneur is someone who identifies and acts on an idea or problem that no one else has ______ or acted on.

    <p>identified</p> Signup and view all the answers

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