Different Definitions of Entrepreneur over Time
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Questions and Answers

What is the relationship between creativity and implementation according to the text?

  • Creativity + Implementation = Entrepreneurship
  • Creativity + Implementation = Innovation (correct)
  • Creativity + Implementation = Risk-taking
  • Creativity + Implementation = Invention

Which of the following best describes an entrepreneur?

  • A person who avoids taking risks
  • A risk taker who provides an incentive for change (correct)
  • Someone who only focuses on making profits
  • Someone who always follows existing market trends

What distinguishes innovation from invention based on the text?

  • Innovation combines existing technologies into something new, while invention creates completely new technologies (correct)
  • Innovation is solely about creativity, while invention is about implementation
  • Invention is driven by market needs, while innovation is not
  • Invention involves risk-taking while innovation does not

What does entrepreneurship involve?

<p>Devotion of time and effort (C)</p> Signup and view all the answers

What characterizes entrepreneurs based on the text?

<p>Providing incentives for innovation and progress (C)</p> Signup and view all the answers

Entrepreneurship involves assuming risks and rewards.

<p>True (A)</p> Signup and view all the answers

The word 'entrepreneur' comes from the Spanish verb 'entreprender.'

<p>False (B)</p> Signup and view all the answers

Bill Gates is known as the founder of Microsoft.

<p>True (A)</p> Signup and view all the answers

Steve Jobs was a co-founder of Apple computers.

<p>True (A)</p> Signup and view all the answers

Innovation and invention are both part of the Apple iPhone creation process.

<p>True (A)</p> Signup and view all the answers

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