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Questions and Answers
Which of the following best describes entrepreneurship?
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?
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?
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?
What is the role of an entrepreneur in identifying opportunities?
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How does Fred Wilson define entrepreneurship?
How does Fred Wilson define entrepreneurship?
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