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Questions and Answers
What is the role of an entrepreneur?
What is the role of an entrepreneur?
- To be the innovator of new products and services
- To start a business
- To innovate and create new ways of doing business (correct)
- To take risks for growth and profit
Who described an entrepreneur as someone who searches for things to change and responds to it with new ideas and trends?
Who described an entrepreneur as someone who searches for things to change and responds to it with new ideas and trends?
- Peter Drucker (correct)
- Economists
- Business people
- Economist Joseph Schumpeter
What do most economists and business people agree on regarding entrepreneurship?
What do most economists and business people agree on regarding entrepreneurship?
- It is about innovating and creating new products and services
- It is about taking risks for growth and profit
- It is only about starting a business
- It is necessary for economic growth (correct)
What did economist Joseph Schumpeter study?
What did economist Joseph Schumpeter study?
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What is the common perception of entrepreneurship according to the text?
What is the common perception of entrepreneurship according to the text?
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