10 Questions
What is the relationship between creativity and implementation according to the text?
Creativity + Implementation = Innovation
Which of the following best describes an entrepreneur?
A risk taker who provides an incentive for change
What distinguishes innovation from invention based on the text?
Innovation combines existing technologies into something new, while invention creates completely new technologies
What does entrepreneurship involve?
Devotion of time and effort
What characterizes entrepreneurs based on the text?
Providing incentives for innovation and progress
Entrepreneurship involves assuming risks and rewards.
True
The word 'entrepreneur' comes from the Spanish verb 'entreprender.'
False
Bill Gates is known as the founder of Microsoft.
True
Steve Jobs was a co-founder of Apple computers.
True
Innovation and invention are both part of the Apple iPhone creation process.
True
Explore the evolving definitions of an entrepreneur over different time periods. Discover how influential figures like Jean-Baptiste Say and Schumpeter have shaped our understanding of entrepreneurs and their role in the economy.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free