Entrepreneurship Essentials Quiz

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App

Questions and Answers

What is the linkage between creativity, innovation, and entrepreneurship?

  • Entrepreneurship requires creativity and innovation as essential components (correct)
  • Creativity is more important than innovation for entrepreneurship
  • Innovation is only relevant to entrepreneurship, not creativity
  • Creativity leads to innovation, which leads to entrepreneurship

What are the key elements of innovation?

  • Imagination, planning, and execution
  • Opportunity recognition, resource acquisition, and value creation (correct)
  • Research, development, and marketing
  • Creativity, risk-taking, and problem-solving

What are the characteristics of entrepreneurs mentioned in the text?

  • Reliance, delegation, and caution
  • Risk-taking, innovation, and independence (correct)
  • Conformity, stability, and traditionalism
  • Conservatism, passivity, and aversion to change

What are the types of innovation mentioned in the text?

<p>Product, process, and organizational innovation (B)</p> Signup and view all the answers

What is the role of ethics in entrepreneurship?

<p>Ethics guide decision-making and behavior in entrepreneurship (C)</p> Signup and view all the answers

Flashcards are hidden until you start studying

More Like This

Use Quizgecko on...
Browser
Browser