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Questions and Answers
Which of the following best describes entrepreneurship?
Which of the following best describes entrepreneurship?
- The process of an entrepreneur creating job opportunities
- The process of an entrepreneur organizing a venture
- The process of an entrepreneur searching for new ideas
- The process of an entrepreneur taking risks and uncertainties (correct)
What is corporate venturing?
What is corporate venturing?
- When large entities spin off organizations (correct)
- When large entities acquire small startups
- When large entities invest in existing businesses
- When large entities merge with other companies
What did Schumpeter refer to as the 'gale of creative destruction'?
What did Schumpeter refer to as the 'gale of creative destruction'?
- The process of replacing inferior innovations (correct)
- The process of acquiring innovative companies
- The process of merging with other companies
- The process of creating new innovations
What factors influence entrepreneurship?
What factors influence entrepreneurship?
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What role does entrepreneurship play in economic development?
What role does entrepreneurship play in economic development?
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