Entrepreneurship Quiz
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Questions and Answers

Which of the following best defines entrepreneurship?

  • The act of creating or extracting economic value (correct)
  • The process of starting a business
  • The capacity and willingness to develop, organize and manage a business venture
  • The act of investing in one or more businesses

    • What is an entrepreneur?

  • An individual who invests in one or more businesses
  • An individual who manages a business venture
  • An individual who creates and invests in one or more businesses (correct)
  • An individual who creates a business

    • What is the process of setting up a business known as?

  • Venture
  • Entrepreneurship (correct)
  • Innovation
  • Investment

    • What are the people who create businesses often referred to as?

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

    How has entrepreneurship been described in a more narrow sense?

    <p>The act of designing, launching and running a new business</p> Signup and view all the answers

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