Podcast
Questions and Answers
What does the term 'entrepreneur' mean?
What does the term 'entrepreneur' mean?
- Someone who wants to start a business or enterprise (correct)
- Someone who owns, manages, and assumes the risks of a business
- A person who engages in strategic management
- An organizer of an economic venture
How do entrepreneurs typically rely on innovation?
How do entrepreneurs typically rely on innovation?
- By focusing on traditional products and services
- By avoiding risks and challenges
- By imitating existing businesses
- By introducing new products, methods, or markets (correct)
What is the primary difference between entrepreneurs and small-business owners?
What is the primary difference between entrepreneurs and small-business owners?
- Entrepreneurs are less skilled and energetic
- Small-business owners are more innovative
- Entrepreneurs rely more on innovation and speed (correct)
- Small-business owners assume higher risks
How is entrepreneurship defined?
How is entrepreneurship defined?
What do small-business owners typically do in established markets?
What do small-business owners typically do in established markets?
What does the term 'entrepreneur' mean?
What does the term 'entrepreneur' mean?
How are entrepreneurs typically described?
How are entrepreneurs typically described?
What is the primary focus of entrepreneurs for growing their business?
What is the primary focus of entrepreneurs for growing their business?
How is entrepreneurship defined?
How is entrepreneurship defined?
What distinguishes small-business owners from entrepreneurs?
What distinguishes small-business owners from entrepreneurs?
What does the term 'entrepreneur' mean?
What does the term 'entrepreneur' mean?
How do entrepreneurs typically rely on innovation?
How do entrepreneurs typically rely on innovation?
What distinguishes small-business owners from entrepreneurs?
What distinguishes small-business owners from entrepreneurs?
How is entrepreneurship defined?
How is entrepreneurship defined?
What is the primary focus of entrepreneurs for growing their business?
What is the primary focus of entrepreneurs for growing their business?
