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Questions and Answers
What role does creativity play in entrepreneurship?
What role does creativity play in entrepreneurship?
- It is essential for identifying and pursuing new opportunities (correct)
- It hinders the progress of entrepreneurial ventures
- It is only important in traditional business models
- It is irrelevant in entrepreneurial endeavors
What is the primary characteristic of entrepreneurship?
What is the primary characteristic of entrepreneurship?
- Risk-taking and innovation (correct)
- Maintaining the status quo
- Following established norms
- Avoiding challenges and uncertainties
What is a common challenge faced by entrepreneurs?
What is a common challenge faced by entrepreneurs?
- Securing adequate funding for their ventures (correct)
- Minimal need for adaptability in a dynamic market
- Lack of motivation to pursue their ideas
- Over-reliance on existing business models
