29 Questions
What is the main role of Dr. Mohamed Ramadan A. Rezk?
All of the above.
What is the primary purpose of a business according to the text?
Both a and b.
What is the main difference between an employee and an entrepreneur?
An employee works in a business owned by someone else, while an entrepreneur creates and runs their own business.
Which of the following is NOT mentioned as one of Dr. Rezk's achievements?
Serving as the CEO of the Academy of Scientific Research and Technology (ASRT).
What would you expect to learn in this course on entrepreneurship skills?
How to start and run a successful business.
If you could add a word to the dictionary, what would it be and what would it mean?
Foresight - the ability to predict and plan for future events.
Which of the following is NOT considered one of the common fears of an entrepreneur?
Fear of lack of financial resources
What is the definition of entrepreneurship according to the text?
The process of recognizing an opportunity, testing it in the market, and gathering resources necessary to go into business
Which of the following is NOT considered an emerging technology?
Cloud Computing
What three basic skills does the text say will be required for the jobs of the future?
Learning (STEM), creativity, and emotional intelligence
Which of the following jobs is NOT mentioned in the text as being at risk of disappearing due to technical development?
Accountants
Which of the following is the definition of an entrepreneur?
An individual who undertakes the creation, organization, and ownership of a business
What is the primary goal of a businessman?
To solely maximize profit by utilizing available opportunities
Which of the following best describes the risk factor for a businessman?
High risk, as they face huge competition from rivals
What is the nature of a businessman's job?
Limited, as they have a moderate effort and commitment
How does the text define entrepreneurship?
The dynamic process of creating incremental wealth by assuming major risks
What is the key difference between an entrepreneur and a businessman in terms of decision-making?
Entrepreneurs make their own decisions, while businessmen follow decisions made by others
What is the primary focus of an entrepreneur, according to the text?
To maximize self-potential
What is the primary motive for entrepreneurs according to the text?
Accumulating wealth and profit
Which of the following is NOT listed as an importance of entrepreneurship?
Reducing reliance on imports
According to the passage, which of these is a risk associated with entrepreneurship?
All of the above
How does entrepreneurship contribute to a country's gross national product (GNP)?
By increasing the total goods and services produced
What does the passage imply about international trade and entrepreneurship?
Entrepreneurs seek to sell products abroad for higher profits
Which factor is NOT mentioned as contributing to the 'dark side of entrepreneurship'?
Difficulty accessing capital from investors
Which of the following is NOT a key activity of entrepreneurship?
Following a predetermined set of rules and regulations
What is one of the rewards of being an entrepreneur mentioned in the text?
Creating greater wealth
Which of the following best describes the concept of entrepreneurship as presented in the text?
A process of creating something new and valuable while assuming risks
According to the quote from Michael Porter, what is essential for the process of innovation?
It cannot be separated from a firm's strategic and competitive context
Which of the following is NOT listed as a reward of being an entrepreneur in the text?
Guaranteed financial success
Test your knowledge on entrepreneurship skills with Dr. Mohamed Ramadan A. Rezk, who is the Director of Egyptian Science, Technology and Innovation Observatory (ESTIO). Explore topics such as innovation, foresight, entrepreneurship, and STI policies.
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