Recent Lessons

Show all results for ""

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Quizzes

Create quizzes and tests automatically from your content using AI.

Flashcards

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

Mobile Apps

The smarter way to study – wherever you are.

Pricing

Search...

10 Questions

0 Views

Entrepreneurship Basics Quiz

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

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?

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?

Expansion in the new market, products, and techniques

Investment

Entrepreneurship (correct)

Innovation

What does an entrepreneur do that employees do not?

Organize profitable opportunities for the exchange of goods or services Signup and view all the answers

What does the text describe as a key characteristic of an entrepreneur?

Goal-driven Signup and view all the answers

How does the text describe an entrepreneur's approach to starting small?

They aim for expansion and differentiate themselves from other managers Signup and view all the answers

What is the main role of the entrepreneur in the marketing environment?

To identify opportunities and take immediate action to exploit them Signup and view all the answers

What is one of the factors important in starting an organization, according to the text?

Development of administrative machinery Signup and view all the answers

What does the text suggest about the approach of entrepreneurs towards risks?

Venturing into business with vigor and vitality Signup and view all the answers

What is the entrepreneurial characteristic related to compliance with set goals and activities?

Exercising locus of control Signup and view all the answers