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?

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

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

    <p>Guaranteeing rent to the landlord</p> Signup and view all the answers

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

    <p>Organization builder</p> Signup and view all the answers

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

    <p>Responds to it and exploits it</p> Signup and view all the answers

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

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

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

    <p>Full knowledge about technicalities of the business</p> Signup and view all the answers

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

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

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

    <p>&quot;make their own rules and destiny&quot;</p> Signup and view all the answers

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