Entrepreneurship Competencies Quiz

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What is a common competency in entrepreneurship related to controlling a situation by making things happen or preparing for future problems?

Economic and dynamic

Proactive (correct)

Risk Taker

Innovative

Which type of entrepreneur constantly seeks new ideas and needs to be creative?

Risk Taker

Fabian entrepreneur

Imitating entrepreneur

Innovative entrepreneur (correct)

Which core competency in entrepreneurship involves the creation and operation of an enterprise for creating value from limited resources?

Innovative

Profit Potential

Economic and dynamic (correct)

Proactive

What type of entrepreneur is skeptical about making changes and only follows after being satisfied with others' ideas?

Fabian entrepreneur Signup and view all the answers

Which term describes entrepreneurs who have the courage to pursue their business ideas?

Risk Taker Signup and view all the answers

In entrepreneurship, what do innovative entrepreneurs do that distinguishes them from imitating entrepreneurs?

Create new things by thinking of new ideas Signup and view all the answers

What does the concept of Entrepreneurship emphasize about entrepreneurs?

They are willing to take risks and generate new ideas. Signup and view all the answers

Which personality factor is described as someone who does things even before being told?

Proactive Signup and view all the answers

What does it mean to be a 'Planner' according to the text in the context of entrepreneurship?

Someone who makes plans before taking action. Signup and view all the answers

Which environmental factor is NOT mentioned as influencing entrepreneurship in the text?

Technological advancements Signup and view all the answers

What is a common competency required in entrepreneurship to be the first to identify business opportunities?

Opportunity seeker Signup and view all the answers

How does the text describe an entrepreneur's role as a 'Leader' in entrepreneurship?

Leading by example and charisma. Signup and view all the answers

What is entrepreneurship primarily about?

Hard work and determination Signup and view all the answers

What role do entrepreneurs play in the economy?

They provide job opportunities and services Signup and view all the answers

What is the relationship between entrepreneur and entrepreneurship?

Entrepreneur refers to managing a business, while entrepreneurship refers to the business venture itself Signup and view all the answers

What does being a millionaire in entrepreneurship depend on?

Hard work and determination Signup and view all the answers

How are entrepreneurs viewed in terms of providing opportunities for young people?

They provide new opportunities for young people Signup and view all the answers

What drives the success of an entrepreneur according to the text?

Hard work and dedication Signup and view all the answers

Entrepreneurship Competencies Quiz

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Questions and Answers

What is a common competency in entrepreneurship related to controlling a situation by making things happen or preparing for future problems?

Which type of entrepreneur constantly seeks new ideas and needs to be creative?

Which core competency in entrepreneurship involves the creation and operation of an enterprise for creating value from limited resources?

What type of entrepreneur is skeptical about making changes and only follows after being satisfied with others' ideas?

Which term describes entrepreneurs who have the courage to pursue their business ideas?

In entrepreneurship, what do innovative entrepreneurs do that distinguishes them from imitating entrepreneurs?

What does the concept of Entrepreneurship emphasize about entrepreneurs?

Which personality factor is described as someone who does things even before being told?

What does it mean to be a 'Planner' according to the text in the context of entrepreneurship?

Which environmental factor is NOT mentioned as influencing entrepreneurship in the text?

What is a common competency required in entrepreneurship to be the first to identify business opportunities?

How does the text describe an entrepreneur's role as a 'Leader' in entrepreneurship?

What is entrepreneurship primarily about?

What role do entrepreneurs play in the economy?

What is the relationship between entrepreneur and entrepreneurship?

What does being a millionaire in entrepreneurship depend on?

How are entrepreneurs viewed in terms of providing opportunities for young people?

What drives the success of an entrepreneur according to the text?

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