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Definition of Entrepreneur According to Harbison and Peter F. Drucker

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Questions and Answers

What quality do entrepreneurs exhibit according to the text?

Risk-taking ability (correct)
Procrastination
Laziness
Patience

How do entrepreneurs view work according to the text?

As a burden
As a waste of time
As worship (correct)
As an opportunity to relax

What is considered an inherent element of entrepreneurship?

Risk (correct)
Laziness
Procrastination
Avoiding innovation

Which of the following is NOT a quality exhibited by entrepreneurs according to the text?

Procrastinators (A) Signup and view all the answers

What represents the uncertainty that entrepreneurs assume according to the text?

Guaranteeing rent to the landlord (A) Signup and view all the answers

What is the role of an entrepreneur according to Harbison's definition?

Organization builder (A) Signup and view all the answers

According to Peter F. Drucker, what does an entrepreneur do with change?

Responds to it and exploits it (A) Signup and view all the answers

What is one of the characteristics of an entrepreneur based on the text?

Vision (A) Signup and view all the answers

What type of knowledge does an entrepreneur have according to the text?

Full knowledge about technicalities of the business (C) Signup and view all the answers

Which of the following is NOT a characteristic of an entrepreneur as per the text?

Pessimism (D) Signup and view all the answers

What does an entrepreneur need in terms of decision-making according to the text?

"make their own rules and destiny" (D) Signup and view all the answers

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