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Questions and Answers
Which of the following best defines an entrepreneur?
Which of the following best defines an entrepreneur?
- A person who enjoys taking risks in business
- A person who enjoys the rewards of a business
- A person who sets up a business with the aim of making a profit (correct)
- A person who creates a new business
What is the difference between a small business and an ordinary small business?
What is the difference between a small business and an ordinary small business?
- A small business practices the principles of entrepreneurship, while an ordinary small business does not (correct)
- A small business is owned by an entrepreneur, while an ordinary small business is not
- A small business is more successful than an ordinary small business
- A small business is larger in scale than an ordinary small business
Which cluster of entrepreneurial character traits includes the trait of being an opportunity seeker?
Which cluster of entrepreneurial character traits includes the trait of being an opportunity seeker?
- Achievement cluster 1.3
- Achievement cluster 1.2
- Achievement cluster 1.1 (correct)
- Achievement cluster 1.4
What does it mean for an entrepreneur to be committed?
What does it mean for an entrepreneur to be committed?
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Which entity benefits from the flow of entrepreneurship?
Which entity benefits from the flow of entrepreneurship?
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