Entrepreneurship 101
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Questions and Answers

Which of the following best defines entrepreneurship?

  • The act of working for a large corporation
  • The act of investing in established companies
  • The act of starting and running a new business venture (correct)
  • The act of providing consulting services

    • What is the primary goal of entrepreneurship?

  • To provide consulting services
  • To invest in established companies
  • To work for a large corporation
  • To create a profitable business venture (correct)

    • What are some key characteristics of successful entrepreneurs?

  • Rigidity, risk-aversion, and impatience
  • Indecisiveness, conformity, and caution
  • Creativity, risk-taking, and perseverance (correct)
  • Conformity, caution, and patience

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