Podcast
Questions and Answers
What is the meaning of the French word 'entrepreneur'?
What is the meaning of the French word 'entrepreneur'?
- To organize
- To assume risk
- To operate
- To undertake (correct)
What is the primary difference between a small business and an ordinary small business?
What is the primary difference between a small business and an ordinary small business?
- The practice of entrepreneurship principles (correct)
- The ownership structure
- The goods and services provided
- The size of the workforce
Which of the following is not a salient feature of entrepreneurship?
Which of the following is not a salient feature of entrepreneurship?
- Entailing the opening and managing of a self-owned enterprise
- Being a wealth-destroying venture (correct)
- Being a risk-taking venture
- Providing valuable goods and services
Which of the following is not a source of entrepreneurial ideas?
Which of the following is not a source of entrepreneurial ideas?
What is the first stage of the entrepreneurial process?
What is the first stage of the entrepreneurial process?
Which of the following is not a key difference between entrepreneurship and ordinary small business activity?
Which of the following is not a key difference between entrepreneurship and ordinary small business activity?
What is the primary role of an entrepreneur according to the Innovation Theory by Joseph Schumpeter?
What is the primary role of an entrepreneur according to the Innovation Theory by Joseph Schumpeter?
According to Alfred Marshal's Theory, what does active participation of an organization contribute to?
According to Alfred Marshal's Theory, what does active participation of an organization contribute to?
What does Weber's Sociological Theory propose as the primary driving elements of entrepreneurship?
What does Weber's Sociological Theory propose as the primary driving elements of entrepreneurship?
According to Kaldor's Technological Theory, what promotes efficiency in entrepreneurship?
According to Kaldor's Technological Theory, what promotes efficiency in entrepreneurship?
What does Lebeinstein's Gap-Filling Theory suggest as the primary goal of entrepreneurship?
What does Lebeinstein's Gap-Filling Theory suggest as the primary goal of entrepreneurship?
According to Kirzner's Alertness Theory, what are the major attributes of entrepreneurship?
According to Kirzner's Alertness Theory, what are the major attributes of entrepreneurship?
