Entrepreneurship Dynamics Quiz
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Questions and Answers

What is entrepreneurship primarily characterized by?

  • Avoiding risks and uncertainty
  • Following a strict set of rules and regulations
  • Decision making, innovation, implementation, forecasting, independency, and success (correct)
  • Relying solely on capital and technology
  • What contributes to the outcome of entrepreneurship according to the text?

  • Complex socio-economic, psychological, technological, legal factors (correct)
  • Biological and environmental factors
  • Simple and straightforward factors
  • Historical and cultural factors
  • What is entrepreneurship's approach to change and opportunities?

  • Passive acceptance of change
  • Random and haphazard approach to change
  • Purposeful and organized search for change (correct)
  • Resistance to change
  • What is a key aspect of entrepreneurship's philosophy according to the text?

    <p>The way one thinks, one acts, can exist in any situation</p> Signup and view all the answers

    How is entrepreneurship described in terms of creating something from nothing?

    <p>The ability to create and build something from practically nothing</p> Signup and view all the answers

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