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Entrepreneurship Quiz

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Questions and Answers

Which term refers to the process of designing, launching, and running a new business?

Innovation

Small business

Extraction of economic value

Entrepreneurship (correct)

What is the main characteristic of an entrepreneur?

They avoid taking risks

They only focus on economic values

They invest in existing businesses

They bear most of the risks and enjoy most of the rewards (correct)

How is entrepreneurship different from starting a regular business?

It requires less innovation

It focuses solely on economic values

It has no difference

It involves more risk (correct)

What is the role of an entrepreneur in the business world?

<p>To create new ideas, goods, services, and procedures</p> Signup and view all the answers

What is entrepreneurship often compared to?

<p>A small business</p> Signup and view all the answers

Entrepreneurship Quiz

Choose a study mode

Podcast

Questions and Answers

Which term refers to the process of designing, launching, and running a new business?

What is the main characteristic of an entrepreneur?

How is entrepreneurship different from starting a regular business?

What is the role of an entrepreneur in the business world?

What is entrepreneurship often compared to?

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