Entrepreneurship Basics Quiz

Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk, and potentially involving values besides simply economic ones.

An entrepreneur is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards.

The process of setting up a business is known as 'entrepreneurship'.

<p>The capacity and willingness to develop, organize, and manage a business venture along with any of its risks to make a profit is known as entrepreneurship.</p> Signup and view all the answers

<p>The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.</p> Signup and view all the answers