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.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free