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Entrepreneurship Quiz

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Questions and Answers

Which of the following best describes entrepreneurship?

The process of organizing and managing a business venture

The process of designing, launching, and running a new business

The process of innovating and creating new ideas

The process of creating or extracting economic value (correct)

What is an entrepreneur?

An individual who manages a business venture

An individual who takes risks in starting a business (correct)

An individual who enjoys most of the rewards of a business

An individual who invests in one or more businesses

What is the process of setting up a business called?

Innovation

Design

Entrepreneurship (correct)

Investment

How is entrepreneurship different from starting a small business?

<p>Entrepreneurship is a broader term than starting a small business</p> Signup and view all the answers

What is the capacity and willingness to develop, organize, and manage a business venture called?

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

Entrepreneurship Quiz

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Questions and Answers

Which of the following best describes entrepreneurship?

What is an entrepreneur?

What is the process of setting up a business called?

How is entrepreneurship different from starting a small business?

What is the capacity and willingness to develop, organize, and manage a business venture called?

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