Podcast
Questions and Answers
What is entrepreneurship according to the academic definition by Stevenson and Jarillo?
What is entrepreneurship according to the academic definition by Stevenson and Jarillo?
- The process of pursuing opportunities without considering current resources. (correct)
- The act of controlling all resources in a business venture.
- The process of securing resources for a business idea.
- The act of turning a business idea into reality.
How can entrepreneurship be defined based on the alternative view?
How can entrepreneurship be defined based on the alternative view?
- The act of generating various ideas for a business venture.
- The act of transforming an idea into a successful business. (correct)
- The process of gathering all required resources for a business idea.
- The art of managing available resources effectively.
What do entrepreneurs do according to the text?
What do entrepreneurs do according to the text?
- Rely solely on their business model for success.
- Focus only on securing financial resources.
- Integrate all resources needed to transform an idea into a viable business. (correct)
- Avoid taking risks in their ventures.
How is corporate entrepreneurship defined?
How is corporate entrepreneurship defined?
What characterizes entrepreneurial firms according to the text?
What characterizes entrepreneurial firms according to the text?
Why do people become entrepreneurs according to the text?
Why do people become entrepreneurs according to the text?
What is the number one characteristic shared by successful entrepreneurs?
What is the number one characteristic shared by successful entrepreneurs?
What is a key characteristic of successful entrepreneurs in terms of their approach to business?
What is a key characteristic of successful entrepreneurs in terms of their approach to business?
What is a defining characteristic of successful entrepreneurs in terms of their response to failure?
What is a defining characteristic of successful entrepreneurs in terms of their response to failure?
Which of the following is NOT listed as a common trait or characteristic of successful entrepreneurs?
Which of the following is NOT listed as a common trait or characteristic of successful entrepreneurs?
What is the main reason entrepreneurs start new firms?
What is the main reason entrepreneurs start new firms?
