Entrepreneurship and Technopreneurship Midterm Review Quiz

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An entrepreneur is more likely to work for themselves, while a technopreneur prefers to work for a company
An entrepreneur is more likely to concentrate on achieving financial success, while a technopreneur is more focused on creating goods or services
An entrepreneur is more likely to compete, while a technopreneur focuses on innovation (correct)
An entrepreneur takes on more financial risk than a technopreneur

<p>Achieving financial success (B)</p> Signup and view all the answers

<p>Can do multiple things at one time (B)</p> Signup and view all the answers

Focuses on creating innovative solutions by leveraging technology.

An entrepreneur competes in existing markets, while a technopreneur prioritizes innovation.

Involves both learning the principles of starting a business and actively launching a new venture.

Driven primarily by the desire to achieve financial success.

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Capable of handling multiple responsibilities and tasks simultaneously.

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The main focus of technopreneurship is the creation and development of innovative and technology-based products or services.

An entrepreneur is an individual who creates a venture with the goal of earning profits, whereas a technopreneur focuses on utilizing technology to create innovative products or services.

Entrepreneurship involves identifying business opportunities, creating a business plan, taking calculated risks, and managing resources to achieve business goals.

The primary motivation for an entrepreneur is often a desire for financial gain or independence.
An entrepreneur identifies opportunities, innovates, takes risks, and manages resources to create a successful business venture.