Entrepreneurship and Social Ventures Quiz

<p>Being flexible and changing strategies when necessary (B)</p> Signup and view all the answers

<p>An employee who identifies an unmet need within the company and acts on it. (B)</p> Signup and view all the answers

<p>The ability to generate ideas or improve existing ones creatively (D)</p> Signup and view all the answers

<p>They identified a gap in the wedding services market. (A)</p> Signup and view all the answers

<p>Entrepreneurs are often required to take calculated risks (A)</p> Signup and view all the answers

<p>A startup that recycles materials for decorative products. (B)</p> Signup and view all the answers

<p>The ability to trust in one's skills and overcome difficulties (B)</p> Signup and view all the answers

<p>The investor may abandon the project if not aligned with their goals. (B)</p> Signup and view all the answers

<p>Taking proactive steps to make things happen (A)</p> Signup and view all the answers

<p>Google Drive (A)</p> Signup and view all the answers

<p>It helps them influence and guide others towards a common goal (C)</p> Signup and view all the answers

<p>They also aim to generate revenue while addressing social issues. (C)</p> Signup and view all the answers

<p>It helps in resolving conflicts through dialogue and compromise (C)</p> Signup and view all the answers

<p>Steve Jobs (B)</p> Signup and view all the answers

<p>He was the CEO hired to run the company. (C)</p> Signup and view all the answers

<p>By developing an idea and also managing the business. (C)</p> Signup and view all the answers

<p>Assuming risks. (D)</p> Signup and view all the answers

<p>To invest their own capital and manage the production process. (D)</p> Signup and view all the answers

<p>The challenge of finding single owners to invest all capital. (C)</p> Signup and view all the answers

<p>Amancio Ortega (B)</p> Signup and view all the answers

<p>The difficulty in forecasting demand accurately. (D)</p> Signup and view all the answers

<p>A merchant who managed and controlled businesses. (B)</p> Signup and view all the answers

<p>As an innovator who creates new products or methods. (C)</p> Signup and view all the answers

<p>The process of innovation, imitation, and further innovation. (B)</p> Signup and view all the answers

<p>To own the business and lead production efforts. (B)</p> Signup and view all the answers

<p>They acted as merchants controlling the purchase and sale of goods. (B)</p> Signup and view all the answers

<p>The profits earned from capital invested. (D)</p> Signup and view all the answers

<p>From a merchant managing trade to an innovator driving technological change. (B)</p> Signup and view all the answers

<p>Continuous technological innovations by entrepreneurs. (C)</p> Signup and view all the answers

<p>9 women entrepreneurs for every 10 men in Spain compared to 6 in the EU (D)</p> Signup and view all the answers

<p>Changing the packaging or advertising strategy of a product (D)</p> Signup and view all the answers

<p>Making small improvements to existing products (A)</p> Signup and view all the answers

<p>It introduces new methods of workplace organization (B)</p> Signup and view all the answers

<p>It can enhance societal welfare and growth (C)</p> Signup and view all the answers

<p>Labeling cans with personal names (A)</p> Signup and view all the answers

<p>It generates solutions to problems in innovative ways (C)</p> Signup and view all the answers

<p>Creativity and innovation are identical concepts (C)</p> Signup and view all the answers

<p>Converting analog information into digital formats (A)</p> Signup and view all the answers

<p>Blockchain (C)</p> Signup and view all the answers

<p>Producing prototypes and custom products (B)</p> Signup and view all the answers

<p>It creates an entirely new environment (C)</p> Signup and view all the answers

<p>Digital data can be easily analyzed and transmitted (A)</p> Signup and view all the answers

<p>Blockchain technology (B)</p> Signup and view all the answers

<p>Digital storage on personal devices (B)</p> Signup and view all the answers

<p>A process of constructing objects layer by layer (A)</p> Signup and view all the answers

An attitude and action of initiating a project or action to bring about change in one's environment.

Key qualities that enable individuals to initiate and execute new projects.

The ability to make things happen rather than just having ideas.

The ability to generate new ideas or improve existing ideas from a different perspective.

The willingness to accept the possibility of not achieving desired results.

The ability to believe in oneself and one's abilities.

Continuing effort despite difficulties.

Finding innovative solutions to problems.

People who undertake activities aimed at social good, often seeking societal benefit like helping the disadvantaged or protecting the environment. They aim to profit but not solely for profit.

People with capital who invest in emerging and new businesses. Their primary goal is typically financial return.

Individuals who spot an unmet need and propose a solution without much prior planning. They simply take a chance and act.

Employees within a company who come up with innovative business ideas and seek new opportunities. They act as entrepreneurs within their current organization.

A person who wrote a famous book, which became successful.

Cristina Balbás's Project

Gerard Piqué, who invested in DAZN and Kings League.

Angi Cabal and her partner

A person who owns a company, but also actively directs it.

A person who combines both developing the idea and running the company.

In the 20th century, entrepreneurs were seen as those who accept possible losses in business.

The entrepreneur who invests capital and manages the production process from start to finish.

A key part of big businesses: Different people own the company and others administrate it.

The uncertainty that an entrepreneur faces in selling their products.

The process of bringing a concept to market through funding and management.

A trader who buys goods from artisans and sells them, managing and controlling their business.

An owner of a business (usually large factories), providing the money and personally managing it.

An innovator who creates new products or production methods, driving economic change.

The return for the risk taken in business, whether through trade or innovation.

The cycle of innovation, imitation, and further innovation, leading to economic growth.

To buy and sell goods, manage and control their business.

Owning and managing the business, providing capital.

Driving innovation and change in business; inventor and producer of new goods.

130 million women lead businesses globally, with more female entrepreneurship in some European countries like Spain.

European countries like Spain have more female entrepreneurs, about 9 women to every 10 men, greater than the EU average of 6 women to 10 men.

Creating new ways to solve business problems, improve products, or organize workplaces.

Using new ways to sell products. This might include changing packaging, advertising, or other aspects of selling the product

Changing how a company is organized, or how work is done; for example, implementing teleworking.

Small improvements to existing products to make them more appealing.

The implementation of creative ideas that improve products or processes.

The process of converting analog information (like images, sounds, text) into a digital format that can be analyzed, stored, and transmitted electronically.

Creating a completely new environment by replacing real-world experiences with virtual ones, often for entertainment purposes (like video games).

A secure digital registry for transmitting and storing information without the risk of copying or forgery, allowing for direct transactions without intermediaries. It's like a giant digital spreadsheet.

Blockchain is most commonly used for cryptocurrency transactions, ensuring secure and transparent record-keeping.

Creating physical objects layer by layer (like printing), often used for prototyping, spare parts, and personalized products. You know it as 3D Printing.

Digitalization requires the use of digital technologies, like computers and networks (like the internet).

Information is stored digitally on electronic devices (like computers) and communicated through networks (like internet).

Replacing physical photos with digital ones on a smartphone is an example of digitalization. It converts analog information (physical photos) to a digital format on a device.