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Entrepreneurship and its Impact on Organizations Quiz
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Entrepreneurship and its Impact on Organizations Quiz

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Questions and Answers

Which one of the following is NOT a benefit of entrepreneurship mentioned in the text?

  • Development of managerial capabilities (correct)
  • Means of economic development
  • Improving standard of living
  • Creation of organizations

    • What does the word 'entrepreneur' mean?

  • To undertake (correct)
  • To risk
  • To create
  • To innovate

    • What is the process called when an entrepreneur creates an enterprise?

  • Innovation
  • Risk-taking
  • Undertaking
  • Entrepreneurship (correct)

    • What is one characteristic of entrepreneurs mentioned in the text?

    <p>Willingness to take risks</p> Signup and view all the answers

    What can entrepreneurship do for the society where a business is located?

    <p>Improve standard of living</p> Signup and view all the answers

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