Entrepreneurship Knowledge Quiz

Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk, potentially involving values besides simply economic ones.

An entrepreneur is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards.

The process of setting up a business is known as 'entrepreneurship'.

<p>The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.</p> Signup and view all the answers

<p>Business Dictionary defines entrepreneurship as the 'capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit'.</p> Signup and view all the answers

<p>The role of an entrepreneur is to create and/or invest in businesses, bearing most of the risks and enjoying most of the rewards.</p> Signup and view all the answers

<p>Entrepreneurship is described as the process of designing, launching and running a new business, often similar to a small business, or as the 'capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit.'</p> Signup and view all the answers

<p>Entrepreneurs are often referred to as innovators, a source of new ideas, goods, services, and business/or procedures.</p> Signup and view all the answers

<p>Entrepreneurship involves the creation or extraction of economic value in ways that potentially involve values besides simply economic ones.</p> Signup and view all the answers

<p>According to Business Dictionary, entrepreneurship is defined as the 'capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit.'</p> Signup and view all the answers