Entrepreneurship Quiz
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Questions and Answers

What is entrepreneurship?

  • The act of shutting down a business
  • The ability to manage an existing business
  • The process of buying an existing business
  • The willingness to start a new business (correct)

What is the entrepreneurial function?

  • The ability to manage an existing business
  • The process of shutting down an existing business
  • The discovery of opportunities and the subsequent creation of new economic activity (correct)
  • The process of buying an existing business

What is an entrepreneur?

  • A person who invests in the stock market
  • A person who works for the government
  • A person who works for an established business
  • A person who organizes the means of production to engage in entrepreneurship (correct)

What is entrepreneurship?

<p>The willingness to start a new business (D)</p> Signup and view all the answers

What is the entrepreneurial function?

<p>The discovery of opportunities and the subsequent creation of new economic activity (C)</p> Signup and view all the answers

What is an entrepreneur?

<p>A person who organizes the means of production to engage in entrepreneurship (A)</p> Signup and view all the answers

The Renaissance was characterized by a decline in interest in Classical scholarship and values.

<p>False (B)</p> Signup and view all the answers

The term 'Renaissance' was coined by scholars in the 15th century.

<p>False (B)</p> Signup and view all the answers

The period of cultural decline and stagnation occurred during the Renaissance.

<p>False (B)</p> Signup and view all the answers

Petrarch did not express the notion of a long period of cultural darkness.

<p>False (B)</p> Signup and view all the answers

The Renaissance was a time of cultural decline and stagnation.

<p>False (B)</p> Signup and view all the answers

The fall of Constantinople in 1453 hindered the development of humanism in Italy.

<p>False (B)</p> Signup and view all the answers

Humanism was initiated by scholar-clerics who had dominated medieval intellectual life.

<p>False (B)</p> Signup and view all the answers

The Renaissance began in Italy and spread to other parts of Europe through the invention of the mechanized printing press.

<p>True (A)</p> Signup and view all the answers

Marsilio Ficino was a predecessor of the humanist movement.

<p>False (B)</p> Signup and view all the answers

The humanist movement emphasized the dignity of animals as its central tenet.

<p>False (B)</p> Signup and view all the answers

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