Entrepreneurship
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Questions and Answers

Which of the following best describes entrepreneurship?

  • The process of identifying and pursuing solutions among problems
  • The process of turning an idea into a business
  • The process of pursuing opportunities without regard to resources (correct)
  • The process of creating a positive impact in the world

    • What are the tasks called for by an entrepreneur's behavior?

  • Problem-solving, decision-making, and leadership
  • Planning, organizing, and controlling
  • Research, development, and implementation
  • Creativity, drive, and willingness to take risks (correct)

    • Who can accomplish the tasks called for by an entrepreneur's behavior?

  • Neither individuals nor groups
  • Both individuals and groups (correct)
  • Only groups
  • Only individuals

    • What is the role of an entrepreneur in identifying opportunities?

    <p>All of the above</p> Signup and view all the answers

    How does Fred Wilson define entrepreneurship?

    <p>The process of turning an idea into a business</p> Signup and view all the answers

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