Entrepreneurial Studies Quiz
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Questions and Answers

What is the most common form of entrepreneurship?

  • Return on investment
  • Angel money
  • Business startup (correct)
  • Venture capital
  • Borrowing

What does the vision statement of a business describe?

  • The aims, objective, and goal of the business (correct)
  • The financial projections of the business
  • The organizational structure of the business
  • The marketing strategies of the business

What does SMEs stand for?

  • Small and multinational enterprise
  • Small and macroenterprise
  • Small and microenterprise
  • Small and medium scale enterprise (correct)

What is the main function of an entrepreneur?

<p>Making decisions and implementing them (C)</p> Signup and view all the answers

What does entrepreneurship mainly represent?

<p>Private sector activity (A)</p> Signup and view all the answers

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