6 Questions
What is entrepreneurship?
The backbone of an emerging economy
What is the primary goal of entrepreneurship?
To generate more wealth
Who is considered the 'Father of Modern Management'?
Peter Drucker
Which individual introduced the economic significance of entrepreneurship?
Joseph Schumpeter
What role does innovation play in entrepreneurship according to the text?
It is the instrument for entrepreneurship driving wealth creation
How does the text differentiate between Entrepreneurship and Business?
Entrepreneurship generates more wealth, while business generates less wealth
Test your knowledge on the differences between entrepreneurship and business. Learn about the art of starting a business in response to identified opportunities. Explore the unique aspects, goals, and risks associated with entrepreneurship and businesses.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free