5 Questions
Which of the following types of business ventures are mentioned in the text?
Sole proprietorship
What distinguishes an entrepreneur from an ordinary business person according to the text?
Innovation or creativity
In which type of business operation is the concept of innovation or creativity easily noticeable?
Manufacturing
What are the three important elements in the production system mentioned in the text?
Raw materials, packaging, delivery
What does an ordinary businessperson typically do, according to the text?
Imitate business practices
Test your knowledge about entrepreneurship and innovation with this quiz! Explore different types of business ventures and learn how innovation sets entrepreneurs apart from ordinary business people. Challenge yourself and discover the key elements of successful entrepreneurial ventures.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
