16 Questions
What is the origin of the word 'entrepreneur' according to the French language?
It is derived from the French verb 'entreprendre' meaning 'to undertake'
What does the process of creation by an entrepreneur refer to?
Entrepreneurship
According to Kaplan (2003), when did the word 'entrepreneur' emerge?
17th century
What does the French verb 'enterprendre' mean?
'To undertake'
What is the literal meaning of the French word 'entreprise'?
'Enterprise'
What is created by an entrepreneur according to the text?
Enterprise
According to Kent, Sexton, and Vesper, how did they define entrepreneurship?
The act of creating new business enterprises by individuals or small groups, with the entrepreneur assuming the role of society's major agent of change
What did Gines note as a key factor in economic development and growth through the creation of wealth?
Entrepreneurship
Why is so much emphasis placed on the difference between an entrepreneur and a manager?
The manager operates under normal conditions, while successful entrepreneurship requires exactly the opposite qualities
What is the nature of an entrepreneur's job as compared to that of a promoter?
From conception to continuation, bringing a business into existence
What distinguishes an entrepreneur from a capitalist according to the text?
The entrepreneur creates jobs, whereas the capitalist tries to increase the return on his capital
What does entrepreneurship generally involve according to the text?
Exploiting a business opportunity by taking associated risks and combining factors of production
According to Gines (2015), what role does entrepreneurship play in economic development?
It significantly contributes to economic development through job creation and wealth generation
What is described as closely linked with economic empowerment according to the text?
The creation of new business enterprises by individuals or small groups
What distinguishes an intrapreneur from an entrepreneur based on Table 1?
Being an employee who executes decisions with fixed rewards and salary
What is emphasized as the essence of entrepreneurship according to the text?
Being different from a manager and requiring exactly opposite qualities for success
This quiz covers topics related to entrepreneurial development, including the nature and scope of entrepreneurial development, characteristics of entrepreneurs, functions of entrepreneurship, personal efficacy and self-awareness, factors affecting entrepreneurship, types of entrepreneurs, and early theories of entrepreneurship.
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