Entrepreneurship 101
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Questions and Answers

Which two French words does the word entrepreneur derive from?

  • entrepreneur and process
  • meaning and prendre
  • entre and prendre (correct)
  • entre and meaning

    • According to the academic definition by Stevenson and Jarillo, what is entrepreneurship?

  • The behavior of entrepreneurs trying to identify opportunities and putting useful ideas into practice.
  • The process by which individuals pursue opportunities without regard to resources they currently control. (correct)
  • The art of turning an idea into a business.
  • The process of transforming an invention or an idea into a viable business.

    • Which of the following best describes the alternative view of entrepreneurship?

  • The behavior of entrepreneurs trying to identify opportunities and putting useful ideas into practice.
  • The process of transforming an invention or an idea into a viable business.
  • The art of turning an idea into a business. (correct)
  • The process by which individuals pursue opportunities without regard to resources they currently control.

    • What do entrepreneurs do to transform an invention or an idea into a viable business?

    <p>Assemble and integrate all the resources needed.</p> Signup and view all the answers

    What is corporate entrepreneurship?

    <p>The conceptualization of entrepreneurship at the firm level.</p> Signup and view all the answers

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