Entrepreneurship Definition and Origins

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During the 13th-15th century, how were profits shared between the capitalist and the merchant traveler?

60% to the capitalist and 40% to the merchant

75% to the capitalist and 25% to the merchant (correct)

50% to each

80% to the capitalist and 20% to the merchant

In the 18th century, who was typically in charge of architectural structures like castles and cathedrals?

Capital providers

Merchants

Entrepreneurs

Priests and clerics (correct)

During the 19th and 20th century, entrepreneurs were mostly viewed from which perspective?

Cultural perspective

Social perspective

Technological perspective

Economic perspective (correct)

In the 21st century Dotcom Era, what role did entrepreneurs play in the Philippines?

Heroes of free enterprises Signup and view all the answers

In the history of entrepreneurship in the Philippines, what system was initially used for starting business trades before transitioning to a money economy?

Barter system Signup and view all the answers

What is the meaning of the French word 'entreprende'?

To undertake Signup and view all the answers

According to A. H. Cole, what is the purpose of entrepreneurship?

Initiate, maintain, or aggrandize profit by production or distribution of economic goods and services Signup and view all the answers

According to Joseph A. Schumpeter, what is the process of entrepreneurship?

Pursuing opportunities without regard to resources they currently control Signup and view all the answers

How did Fred Wilson define entrepreneurship?

The art of turning an idea into a business Signup and view all the answers

During the Earliest Period (12th-14th century), what was Marco Polo's purpose in establishing trade routes to the Far East?

To act as a go-between (agent) for trading goods Signup and view all the answers

Entrepreneurship Definition and Origins

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Questions and Answers

During the 13th-15th century, how were profits shared between the capitalist and the merchant traveler?

In the 18th century, who was typically in charge of architectural structures like castles and cathedrals?

During the 19th and 20th century, entrepreneurs were mostly viewed from which perspective?

In the 21st century Dotcom Era, what role did entrepreneurs play in the Philippines?

In the history of entrepreneurship in the Philippines, what system was initially used for starting business trades before transitioning to a money economy?

What is the meaning of the French word 'entreprende'?

According to A. H. Cole, what is the purpose of entrepreneurship?

According to Joseph A. Schumpeter, what is the process of entrepreneurship?

How did Fred Wilson define entrepreneurship?

During the Earliest Period (12th-14th century), what was Marco Polo's purpose in establishing trade routes to the Far East?

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