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Questions and Answers
What is the process of designing, launching, and running a new business called?
What is the process of designing, launching, and running a new business called?
- Innovation
- Investment
- Entrepreneurship (correct)
- Management
Which term refers to the creation or extraction of economic value?
Which term refers to the creation or extraction of economic value?
- Management
- Innovation
- Entrepreneurship (correct)
- Investment
Which term describes an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards?
Which term describes an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards?
- Investor
- Entrepreneur (correct)
- Manager
- Innovator
How is entrepreneurship different from starting a regular business?
How is entrepreneurship different from starting a regular business?
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What is the capacity and willingness to develop, organize, and manage a business venture along with any of its risks to make a profit called?
What is the capacity and willingness to develop, organize, and manage a business venture along with any of its risks to make a profit called?
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