12 Questions
What is one of the common myths about entrepreneurship according to the text?
Entrepreneurs are born, not made
Which quality is NOT associated with an entrepreneur as mentioned in the text?
Fear of assuming risk
What is one of the key roles of an entrepreneur in economic development as per the text?
Improving standards of living
Which statement best describes entrepreneurship as a career option?
Entrepreneurs can work in various sectors and roles
Which quality is essential for an entrepreneur based on the text?
Good organizer
What does the text suggest about the dream of entrepreneurship for many people?
It appeals to millions around the world
What does entrepreneurship mean in a business context?
Producing and marketing goods and services
Which of the following is NOT considered a function of entrepreneurship?
Diversifying company investments
What is the first step in starting a new business venture?
Getting money and material
How can entrepreneurs improve their product or service according to the text?
By understanding customer preferences and dislikes
What role does entrepreneurship play in society according to the text?
Improving standard of living
Which of the following is a key characteristic of entrepreneurship highlighted in the text?
Striving for excellence in work
Test your knowledge on entrepreneurship in business with this quiz. Learn about starting a business, identifying opportunities, converting ideas into action, and more.
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