Entrepreneurship: Defining Key Terms
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Questions and Answers

What is the origin of the term 'entrepreneur'?

  • From the Spanish word 'emprender'
  • From the English word 'undermine'
  • From the French word 'entreprendre' (correct)
  • From the German word 'unternehmen'

How is 'entrepreneurship' related to 'entrepreneur'?

  • It refers to a person practicing entrepreneurship (correct)
  • It is derived from the word 'entrepreneur'
  • It signifies business innovation and perseverance
  • It denotes the start of a new business undertaking

According to Aduana (2016), how is entrepreneurship defined?

  • The act of starting a new business undertaking
  • The symbol of business innovation, determination, and achievement
  • The art of observing correct practices in managing and operating a self-owned wealth-creating business enterprise (correct)
  • The process of providing goods and services valuable to the customers

What does understanding the correct meaning of the term 'entrepreneurship' do?

<p>Promotes and enhances better comprehension of the entrepreneurial field (D)</p> Signup and view all the answers

What is entrepreneurship perceived to be?

<p>The symbol of business innovation, determination, perseverance, and achievement (D)</p> Signup and view all the answers

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