Recent Lessons

Show all results for ""

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Quizzes

Create quizzes and tests automatically from your content using AI.

Flashcards

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

Mobile Apps

The smarter way to study – wherever you are.

Pricing

Search...

10 Questions

0 Views

Entrepreneurship Quiz

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the meaning of the word 'entrepreneur'?

To manage a business

To invest in a business

To undertake or to do something (correct)

To provide resources for a business

According to Richard Cantillon, who are entrepreneurs?

Investors in new ventures

Managers of large corporations

All persons engaged in economic activity (correct)

Only business owners

What is a key characteristic of an entrepreneur according to the text?

Risk bearer (correct)

Uncertainty eliminator

Achievement avoider

Resource collector

What does an entrepreneur do with the factors of production?

Collects and contributes them into a productive unit Signup and view all the answers

What motivates an entrepreneur according to the text?

Strong motivation to achieve the target Signup and view all the answers

What does the word 'entrepreneur' mean?

The word 'entrepreneur' is derived from the French word 'Enterprende' meaning 'to undertake' or 'to do something'. Signup and view all the answers

According to Noah Webster, what is an entrepreneur?

According to Noah Webster, an entrepreneur is one who assumes the risk and management of business. Signup and view all the answers

What is a key feature of an entrepreneur according to Lawerence?

According to Lawerence, the real feature of an entrepreneur's personality is attraction towards risk bearing. Signup and view all the answers

What does an entrepreneur do as a resource provider?

An entrepreneur collects the various factors of production and contributes them into a productive unit, creating form utilities. Signup and view all the answers

What is a key characteristic of an entrepreneur according to the text?

A key characteristic of an entrepreneur is being a high achiever, possessing achievement feature and strong motivation to achieve the target. Signup and view all the answers