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Questions and Answers
What is the main benefit of entrepreneurship related to the development of managerial capabilities?
What is the main benefit of entrepreneurship related to the development of managerial capabilities?
- Enhancing one's managerial skills (correct)
- Decreasing organization's expenses
- Creating new job opportunities
- Improving standard of living
What word is 'entrepreneur' derived from?
What word is 'entrepreneur' derived from?
- Italian verb 'imprenditore'
- French verb 'enterprendre' (correct)
- English verb 'enterprising'
- German verb 'unternehmer'
What is a key characteristic of entrepreneurs mentioned in the text?
What is a key characteristic of entrepreneurs mentioned in the text?
- Resistance to change
- Risk-averse
- Willingness to take risks (correct)
- Hesitant to innovate
Which personality factor is associated with an entrepreneur who can retain good relations with others?
Which personality factor is associated with an entrepreneur who can retain good relations with others?
What is the primary way entrepreneurship contributes to economic development in a society?
What is the primary way entrepreneurship contributes to economic development in a society?
What is a common competency in entrepreneurship based on the text?
What is a common competency in entrepreneurship based on the text?
What is a core competency in entrepreneurship?
What is a core competency in entrepreneurship?
Which type of entrepreneur is skeptical about changes and only follows after being satisfied?
Which type of entrepreneur is skeptical about changes and only follows after being satisfied?
What is a career opportunity mentioned in the text related to entrepreneurship?
What is a career opportunity mentioned in the text related to entrepreneurship?
Which type of entrepreneur initiates changes and drives social innovation in various fields?
Which type of entrepreneur initiates changes and drives social innovation in various fields?
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