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Questions and Answers
What does entrepreneurship mean to most businesspeople?
To most businesspeople, entrepreneurship means being willing to bear and take the risk of creating a new venture if there is a substantial potential for growth and profit.
According to economists, is entrepreneurship only about starting a business?
No, economists believe that entrepreneurship is more than simply starting a business.
Who studied how entrepreneurs are motivated to innovate and create new ways of doing business?
Joseph Schumpeter studied how entrepreneurs are motivated to innovate and create new ways of doing business.
How did Peter Drucker describe an entrepreneur?
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When was the concept of entrepreneurship first established?
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True or false: Entrepreneurship is only about starting a business.
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True or false: Joseph Schumpeter studied how entrepreneurs are motivated to innovate and create new ways of doing business.
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True or false: Peter Drucker described an entrepreneur as someone who looks for things to change and takes new ideas and trends.
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True or false: The concept of entrepreneurship was established in the 1800s.
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True or false: Entrepreneurs bear and take the risk of creating a new venture for growth and profit.
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