Podcast
Questions and Answers
What defines entrepreneurship as an economic activity?
What defines entrepreneurship as an economic activity?
- Profit potential
- Creation and operation of an enterprise (correct)
- Innovative thinking
- Risk-bearing behavior
Which type of entrepreneurs are skeptical about making changes within their organizations?
Which type of entrepreneurs are skeptical about making changes within their organizations?
- Innovative Entrepreneurs
- Imitating Entrepreneurs
- Fabian Entrepreneurs (correct)
- Drone Entrepreneurs
What is a core competency of an entrepreneur according to the text?
What is a core competency of an entrepreneur according to the text?
- Following the crowd
- Creating value by using limited resources (correct)
- Imitating ideas from others
- Avoiding risks at all costs
Why do entrepreneurs need to be compensated according to the text?
Why do entrepreneurs need to be compensated according to the text?
Which type of entrepreneurs do not create new things but follow the ideas of others?
Which type of entrepreneurs do not create new things but follow the ideas of others?
What is a key trait needed by entrepreneurs to deal with uncertainty?
What is a key trait needed by entrepreneurs to deal with uncertainty?
What does the term 'entrepreneur' mean?
What does the term 'entrepreneur' mean?
Which of the following is NOT a common competency in entrepreneurship?
Which of the following is NOT a common competency in entrepreneurship?
What is the significance of entrepreneurship according to the text?
What is the significance of entrepreneurship according to the text?
Which common competency involves having convincing power?
Which common competency involves having convincing power?
What does it mean to be proactive as an entrepreneur?
What does it mean to be proactive as an entrepreneur?
Which common competency involves having the charisma to be obeyed by employees?
Which common competency involves having the charisma to be obeyed by employees?
What type of entrepreneurs are described as die-hard conservatives and willing to suffer business losses?
What type of entrepreneurs are described as die-hard conservatives and willing to suffer business losses?
Which type of entrepreneurs drive social innovation and transformation in fields like education, health, and human rights?
Which type of entrepreneurs drive social innovation and transformation in fields like education, health, and human rights?
What career path involves providing advice to other entrepreneurs and aspiring business people based on expertise in entrepreneurship?
What career path involves providing advice to other entrepreneurs and aspiring business people based on expertise in entrepreneurship?
Which career opportunity allows an entrepreneur to utilize their knowledge by teaching others about entrepreneurship?
Which career opportunity allows an entrepreneur to utilize their knowledge by teaching others about entrepreneurship?
In which career option can an entrepreneur apply their skills as a salesman?
In which career option can an entrepreneur apply their skills as a salesman?
Which career path involves an entrepreneur reporting on business matters due to their expertise in the field?
Which career path involves an entrepreneur reporting on business matters due to their expertise in the field?
