Entrepreneurship Quiz
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Questions and Answers

Which term refers to the creation or extraction of economic value?

  • Investment
  • Risk-taking
  • Innovation
  • Entrepreneurship (correct)
  • What is the process of setting up a business called?

  • Innovation
  • Risk-taking
  • Entrepreneurship (correct)
  • Investment
  • What is the role of an entrepreneur?

  • To create new ideas
  • To manage a business venture
  • To develop goods and services
  • All of the above (correct)
  • How is entrepreneurship different from starting a regular business?

    <p>Entrepreneurship involves more risk</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

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