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Questions and Answers
An entrepreneur is a person who organizes, operates, and assumes the risk of business ventures.
An entrepreneur is a person who organizes, operates, and assumes the risk of business ventures.
True (A)
Entrepreneurship is about owning and managing a small entrepreneurial endeavor or small business only.
Entrepreneurship is about owning and managing a small entrepreneurial endeavor or small business only.
False (B)
An entrepreneur should not utilize their innate skills for profit.
An entrepreneur should not utilize their innate skills for profit.
False (B)
Combining hobbies and favorite activities with money making ideas is not recommended for entrepreneurs.
Combining hobbies and favorite activities with money making ideas is not recommended for entrepreneurs.
An entrepreneur's role in the economy is not significant.
An entrepreneur's role in the economy is not significant.
Scrutinizing the features, functions, services, design, and other aspects of goods and services cannot lead to generating new ideas.
Scrutinizing the features, functions, services, design, and other aspects of goods and services cannot lead to generating new ideas.
Having connections and referrals from previous work experience is not advantageous for an entrepreneur.
Having connections and referrals from previous work experience is not advantageous for an entrepreneur.
Identifying unexplored resources includes innovating unused resources and learning new approaches.
Identifying unexplored resources includes innovating unused resources and learning new approaches.
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