Podcast
Questions and Answers
What distinguishes entrepreneurship from simply running a business?
What distinguishes entrepreneurship from simply running a business?
- The person’s attitude (correct)
- The process of discovering a new venture with creativity and innovation
- The assumption of risk and reaping of awards
- The option for self-employment to an individual
What is the key driver of a dynamic company, according to the text?
What is the key driver of a dynamic company, according to the text?
- The assumption of risk and reaping of awards
- The capacity for innovation, investment, and expansion in the new market
- Creating mass markets with new technology (correct)
- Increasing the value of an existing product or service
What is the science of converting processed ideas into a remarkable business venture called?
What is the science of converting processed ideas into a remarkable business venture called?
- Expansion in the new market, products, and techniques
- Investment
- Entrepreneurship (correct)
- Innovation
What does an entrepreneur do that employees do not?
What does an entrepreneur do that employees do not?
What does the text describe as a key characteristic of an entrepreneur?
What does the text describe as a key characteristic of an entrepreneur?
How does the text describe an entrepreneur's approach to starting small?
How does the text describe an entrepreneur's approach to starting small?
What is the main role of the entrepreneur in the marketing environment?
What is the main role of the entrepreneur in the marketing environment?
What is one of the factors important in starting an organization, according to the text?
What is one of the factors important in starting an organization, according to the text?
What does the text suggest about the approach of entrepreneurs towards risks?
What does the text suggest about the approach of entrepreneurs towards risks?
What is the entrepreneurial characteristic related to compliance with set goals and activities?
What is the entrepreneurial characteristic related to compliance with set goals and activities?
