Podcast
Questions and Answers
What is entrepreneurship mainly focused on?
What is entrepreneurship mainly focused on?
- Eliminating rewards in business ventures
- Minimizing risk in business ventures
- Creation of economic value (correct)
- Extraction of social value
What is the process of setting up a business known as?
What is the process of setting up a business known as?
- Economic extraction
- Investment
- Entrepreneurship (correct)
- Risk minimization
How is an entrepreneur defined?
How is an entrepreneur defined?
- Someone who avoids risks in business
- An individual who invests without bearing any risks
- A person who avoids taking financial risks
- A person who innovates and invests in businesses taking risks (correct)
How has entrepreneurship been described more narrowly?
How has entrepreneurship been described more narrowly?
What are individuals who create businesses often referred to as?
What are individuals who create businesses often referred to as?
What are some factors that can lead to the closure of a startup company?
What are some factors that can lead to the closure of a startup company?
What does entrepreneurship involve?
What does entrepreneurship involve?
How did Jean-Baptiste Say define entrepreneurship in the 19th century?
How did Jean-Baptiste Say define entrepreneurship in the 19th century?
What is considered one of the criteria for becoming an entrepreneur?
What is considered one of the criteria for becoming an entrepreneur?
How do some scholars view entrepreneurship according to the text?
How do some scholars view entrepreneurship according to the text?
In which fields has entrepreneurship been studied according to the text?
In which fields has entrepreneurship been studied according to the text?