Entrepreneurship and Corporate Venturing Quiz
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Questions and Answers

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?

  • 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'?

  • 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?

    <p>Personality and environmental factors</p> Signup and view all the answers

    What role does entrepreneurship play in economic development?

    <p>It drives economic growth and creates job opportunities</p> Signup and view all the answers

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