Entrepreneurship in the Modern World
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Questions and Answers

Which of the following best describes entrepreneurship?

  • A process of exploring and leading
  • A mindset that generates creative ideas
  • A concept that innovatively permeates an individual's enterprise (correct)
  • An attitude of taking initiatives
  • What is the main characteristic of entrepreneurs?

  • Developing an entrepreneurial mindset
  • Being born with an entrepreneurial mindset
  • Having the drive to push an idea to reality (correct)
  • Being risk-averse
  • What does the word 'enterprise' refer to in the context of entrepreneurship?

  • A non-profit organization
  • A better way of doing something
  • An attitude of exploring, developing, leading, and taking initiatives (correct)
  • A business activity
  • How has entrepreneurship revolutionized business and social ventures?

    <p>By permeating every level and country</p> Signup and view all the answers

    Can anyone develop an entrepreneurial mindset?

    <p>Yes, with the right mindset and effort</p> Signup and view all the answers

    Which phrase was coined by John Elkington in 1994 to describe the concept of measuring a company's financial, social, and environmental performance?

    <p>Triple Bottom Line</p> Signup and view all the answers

    What are the three components of the Triple Bottom Line (TBL)?

    <p>Profit, People, Planet</p> Signup and view all the answers

    Which component of the Triple Bottom Line (TBL) measures a company's social responsibility?

    <p>People</p> Signup and view all the answers

    What does the Triple Bottom Line (TBL) aim to measure?

    <p>Financial, social, and environmental performance</p> Signup and view all the answers

    What does the Triple Bottom Line (TBL) consider when measuring the cost of doing business?

    <p>Financial, social, and environmental costs</p> Signup and view all the answers

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