Podcast
Questions and Answers
What is one of the key abilities an entrepreneur must have?
What is one of the key abilities an entrepreneur must have?
- Following the ideas of other entrepreneurs
- Creating new things by thinking of new ideas (correct)
- Living on the labor of others
- Being skeptical about changes in the organization
Why is entrepreneurship considered an economic activity?
Why is entrepreneurship considered an economic activity?
- To be skeptical about changes in the organization
- To follow the ideas of other entrepreneurs
- To initiate changes and drive social innovation
- To create and operate an enterprise to create value or wealth (correct)
What is a characteristic of successful entrepreneurs?
What is a characteristic of successful entrepreneurs?
- Pursuing business ideas with courage (correct)
- Skepticism about changes to be made in the organization
- Being die-hard conservatives
- Living on the labor of others
How can a graduate of entrepreneurship use their knowledge?
How can a graduate of entrepreneurship use their knowledge?
What distinguishes entrepreneurs who initiate changes from those who don't?
What distinguishes entrepreneurs who initiate changes from those who don't?
What is one of the ways entrepreneurs can be compensated?
What is one of the ways entrepreneurs can be compensated?
What does it mean when the text mentions developing managerial skills as a benefit for an entrepreneur?
What does it mean when the text mentions developing managerial skills as a benefit for an entrepreneur?
What does 'undertake' mean in relation to entrepreneurship?
What does 'undertake' mean in relation to entrepreneurship?
Why is it important for an entrepreneur to classify and seize opportunities?
Why is it important for an entrepreneur to classify and seize opportunities?
What is the significance of an entrepreneur retaining good relations with other people?
What is the significance of an entrepreneur retaining good relations with other people?
Why must an entrepreneur calculate risks based on various factors before taking action?
Why must an entrepreneur calculate risks based on various factors before taking action?
Which trait is essential for an entrepreneur according to the text?
Which trait is essential for an entrepreneur according to the text?
