Entrepreneurship and Economic Development Quiz

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5 Questions

Proper management of the following is necessary: Human Resources Natural Resources Capital Formation Technology

to achieve economic development goals

The person who undertakes ______ial activities. The ______ identifies an economic need, considers offering a business solution, proceeds to assemble the resources required, and assumes the risk of either succeeding or failing. THE ENTREPRENEUR’S TASK

entrepreneur

Entrepreneurship and innovation are closely related but distinct concepts. While innovation involves introducing something new, such as a business model, product, idea, or service, entrepreneurship focuses on turning a great idea into a viable business opportunity. INNOVATI

relationship

The ability and readiness to develop, organize and run a business enterprise, along with any of its uncertainties in order to make a profit. ENTREPRENEUR

what is entrepreneurship

PERSPECTIVE OF ENTREPRENEURSHIP GROUP 1 ENTREPRENEURSHIP AND ECONOMIC DEVELOPMENT To achieve economic development goals, _________ is necessary

proper management of the following

Test your knowledge of the relationship between entrepreneurship and economic development in this quiz. Explore the essential elements for achieving economic development goals and the definition of entrepreneurship. Let's dive into the key factors of human resources, natural resources, capital formation, and technology in the context of entrepreneurial endeavors.

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