Podcast
Questions and Answers
What is the pursuit of entrepreneurship?
What is the pursuit of entrepreneurship?
- Managing common challenges in a small business
- Discovering, evaluating, and capitalizing on opportunities to create new goods and services (correct)
- Operating a business with fewer than 500 employees
- Being part of a large, dominant organization
How is a small business defined?
How is a small business defined?
- Having a few employees, part of a large organization
- Having fewer than 500 employees, independently owned and operated, not dominant in its field (correct)
- Characterized by many innovative practices
- Having over 500 employees, independently owned and operated, dominant in its field
What is the primary focus of an entrepreneurial venture?
What is the primary focus of an entrepreneurial venture?
- To manage common challenges in a small business
- To foster entrepreneurship in large companies
- To initiate and build an organization rather than being only a passive part of one (correct)
- To assess opportunities to start new businesses
Why do people become entrepreneurs?
Why do people become entrepreneurs?
What does entrepreneurship involve?
What does entrepreneurship involve?
What is the primary focus of an entrepreneurial venture?
What is the primary focus of an entrepreneurial venture?
What does small business entail?
What does small business entail?
What is the role of managers in fostering entrepreneurship in large companies?
What is the role of managers in fostering entrepreneurship in large companies?
What is the definition of entrepreneurship?
What is the definition of entrepreneurship?
What does good business planning aim to increase?
What does good business planning aim to increase?