5 Questions
Which term refers to the creation or extraction of economic value?
Entrepreneurship
What is the process of designing, launching, and running a new business called?
Entrepreneurship
Who is commonly seen as an innovator and a source of new ideas, goods, and services?
Entrepreneur
What is the term for an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards?
Entrepreneur
What is the capacity and willingness to develop, organize, and manage a business venture along with any of its risks to make a profit called?
Entrepreneurship
Test your knowledge on entrepreneurship and its key concepts with this quiz. Learn about the characteristics of entrepreneurs, the risks involved, and the value creation process. Challenge yourself and see how much you know about this exciting field of business.
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