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Questions and Answers
How do economists define entrepreneurship?
How do economists define entrepreneurship?
- Risking starting a new business with high growth and profit potential (correct)
- Innovating new products and services to meet customer wants
- Starting a business
- Investigating and adopting new ideas and trends
What did Joseph Schumpeter explore about entrepreneurs?
What did Joseph Schumpeter explore about entrepreneurs?
- How entrepreneurs are driven to innovate and improve company practices (correct)
- How entrepreneurs start businesses
- How entrepreneurs seek change and respond to it
- How entrepreneurs investigate and adopt new ideas and trends
How did Peter Drucker define an entrepreneur?
How did Peter Drucker define an entrepreneur?
- Someone who risks starting a new business with high growth and profit potential
- Someone who starts a business
- Someone who innovates new products and services to meet customer wants
- Someone who seeks change and responds to it by investigating and adopting new ideas and trends (correct)
How has the communications business changed over time?
How has the communications business changed over time?
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What has replaced LP records?
What has replaced LP records?
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Which century did Joseph Schumpeter explore the concept of entrepreneurship?
Which century did Joseph Schumpeter explore the concept of entrepreneurship?
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According to economists, what does entrepreneurship go beyond?
According to economists, what does entrepreneurship go beyond?
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What is the main characteristic of an entrepreneur according to most businesspeople?
What is the main characteristic of an entrepreneur according to most businesspeople?
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What has replaced LP records?
What has replaced LP records?
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What did Peter Drucker define an entrepreneur as?
What did Peter Drucker define an entrepreneur as?
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