18 Questions
What is essential for an entrepreneur in seeking opportunities?
Entrepreneurial mind frame
Which personality factor drives entrepreneurs to discover satisfaction in the act of discovery?
Entrepreneurial heart flame
What does the 'entrepreneurial gut game' refer to?
Intuition and confidence
Which environmental factor contributes to identifying entrepreneurial opportunities?
Technological environment
What role does a business consultant play in the entrepreneurial process?
Provides advice to other entrepreneurs
What is a key characteristic of an entrepreneur according to the text?
Risk-taking attitude
Which of the following is NOT a personality factor affecting entrepreneurship?
Financial resources
What is the meaning of the word 'entrepreneur' derived from?
The French verb 'entreprendre', meaning 'to undertake'
Which of the following is NOT a type of entrepreneur mentioned in the text?
Serial entrepreneur
Which of the following is a common competency of an entrepreneurship graduate?
All of the above
Which of the following is NOT mentioned as a personality factor affecting entrepreneurship?
Financial stability
What is the role of an 'imitating entrepreneur' according to the text?
To observe successful business models and replicate them
Which of the following is NOT one of the essentials of an entrepreneur's opportunity seeking?
Financial resources
Which of the following is a source of opportunity for an entrepreneur?
All of the above
What does the term 'external environment' refer to in the context of entrepreneurship?
All of the above
Which of the following statements about competition is true?
All of the above
What is the role of suppliers in the context of entrepreneurship?
They are the ones who provide something that is needed or wanted.
Which of the following statements about buyers is true?
They are the ones who pay cash in exchange for goods and services.
This quiz covers the importance of entrepreneurship to an organization, including the development of managerial capabilities, creation of organizations, improving the standard of living, and means of economic development. It also discusses career opportunities for entrepreneurship graduates such as teaching, research, sales, and business reporting.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
