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Questions and Answers
What is entrepreneurship primarily concerned with?
What is entrepreneurship primarily concerned with?
- Creating economic value with minimal risk
- Creating or extracting economic value with some level of risk (correct)
- Creating economic value without any risk
- Creating economic value with maximum risk
How is an entrepreneur commonly seen?
How is an entrepreneur commonly seen?
- As a follower of traditional business practices
- As a manager of existing businesses
- As an innovator and a source of new ideas, goods, and services (correct)
- As a risk-averse individual
What is the process of setting up a business known as?
What is the process of setting up a business known as?
- Risk management
- Economic extraction
- Entrepreneurship (correct)
- Business inception
How has entrepreneurship been described according to Business Dictionary?
How has entrepreneurship been described according to Business Dictionary?
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What are the people who create businesses often referred to as?
What are the people who create businesses often referred to as?
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