Podcast
Questions and Answers
According to Jean Babtiste Say, an entrepreneur is a person who:
According to Jean Babtiste Say, an entrepreneur is a person who:
- shifts resources from an area of low productivity to high productivity (correct)
- acts as an economic agent who transforms resources into products
- undertakes to do a job
- acts as a prime mover in the private enterprise
According to Adam Smith, an entrepreneur is a person who:
According to Adam Smith, an entrepreneur is a person who:
- acts as an economic agent who transforms resources into products
- undertakes to do a job
- acts as an agent in transforming demand into supply (correct)
- acts as a prime mover in the private enterprise
According to Richard Cantillon, an entrepreneur is a person who:
According to Richard Cantillon, an entrepreneur is a person who:
- acts as a prime mover in the private enterprise
- undertakes to do a job (correct)
- acts as an agent in transforming demand into supply
- shifts resources from an area of low productivity to high productivity
According to Carl Menger, an entrepreneur acts as an economic agent who:
According to Carl Menger, an entrepreneur acts as an economic agent who:
According to John Stuart Mill, the entrepreneur is the fourth factor of production after:
According to John Stuart Mill, the entrepreneur is the fourth factor of production after:
According to Richard Cantillon, an entrepreneur is a person who:
According to Richard Cantillon, an entrepreneur is a person who:
According to Adam Smith, an entrepreneur is a person who:
According to Adam Smith, an entrepreneur is a person who:
According to Jean Babtiste Say, an entrepreneur is a person who:
According to Jean Babtiste Say, an entrepreneur is a person who:
According to John Stuart Mill, the entrepreneur is the fourth factor of production after:
According to John Stuart Mill, the entrepreneur is the fourth factor of production after:
According to Carl Menger, an entrepreneur acts as an economic agent who:
According to Carl Menger, an entrepreneur acts as an economic agent who:
Study Notes
Entrepreneurship Definitions
- Jean Babtiste Say defines an entrepreneur as a person who...
- Adam Smith views an entrepreneur as a person who...
- Richard Cantillon describes an entrepreneur as a person who...
- According to Carl Menger, an entrepreneur acts as an economic agent who...
- In John Stuart Mill's perspective, the entrepreneur is the fourth factor of production after land, labor, and capital...
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Description
Test your knowledge of entrepreneurship theories and concepts with this quiz. From differentiating between entrepreneur and entrepreneurship to understanding Islamic entrepreneurship, this quiz covers various aspects of successful entrepreneurship. Whether you're a student or a budding entrepreneur, this quiz will help you demonstrate your competencies in the field.
