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Entrepreneurship

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Questions and Answers

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?

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?

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?

From home phones to cell phones to the internet (A) Signup and view all the answers

What has replaced LP records?

Music apps like Spotify (B) Signup and view all the answers

Which century did Joseph Schumpeter explore the concept of entrepreneurship?

20th century (B) Signup and view all the answers

According to economists, what does entrepreneurship go beyond?

Starting a business (A) Signup and view all the answers

Entrepreneurship

Choose a study mode

Podcast

Questions and Answers

How do economists define entrepreneurship?

What did Joseph Schumpeter explore about entrepreneurs?

How did Peter Drucker define an entrepreneur?

How has the communications business changed over time?

What has replaced LP records?

Which century did Joseph Schumpeter explore the concept of entrepreneurship?

According to economists, what does entrepreneurship go beyond?

What is the main characteristic of an entrepreneur according to most businesspeople?

What has replaced LP records?

What did Peter Drucker define an entrepreneur as?

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