Entrepreneurship and Business Creation

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Questions and Answers

What does entrepreneurship entail?

  • Risk beyond starting a business
  • Extraction of economic value
  • All of these (correct)
  • Innovation and new ideas

What is the process of setting up a business known as?

  • Innovation
  • Risk management
  • Entrepreneurship (correct)
  • Investment

What is an entrepreneur commonly seen as?

  • Risk taker
  • Manager
  • Investor
  • Innovator (correct)

What is a more narrow definition of entrepreneurship?

<p>The process of designing, launching and running a new business (D)</p> Signup and view all the answers

Who are the people who create businesses often referred to as?

<p>Entrepreneurs (D)</p> Signup and view all the answers

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