Entrepreneurship Essentials Quiz

The capacity and willingness to develop, organize, and manage a business venture

The process of designing, launching, and running a new business

The process of creating or investing in businesses, involving risks and rewards (correct)

The creation or extraction of economic value with minimal risk

As a manager of an established business

As a follower of existing ideas and procedures

As an innovator and a source of new ideas and goods (correct)

As an employee in a large corporation

Government policies

Economic crisis

Minimal risk assumed by traditional businesses

Lack of market demand (correct)

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