Importance of Entrepreneurship in the Economy
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Questions and Answers

Entrepreneurs are not important in developing the economy.

False

Entrepreneurship does not encourage opportunities for unemployed individuals.

False

Entrepreneurship does not contribute revenue to the government.

False

Development of managerial capabilities is not a benefit for entrepreneurs.

<p>False</p> Signup and view all the answers

Creation of organizations is not a result of entrepreneurship.

<p>False</p> Signup and view all the answers

Improving the standard of living is not associated with entrepreneurship.

<p>False</p> Signup and view all the answers

Entrepreneurship has no impact on economic development.

<p>False</p> Signup and view all the answers

The word 'entrepreneur' does not have a French origin.

<p>False</p> Signup and view all the answers

'Entrepreneurs are followers, not innovators.' - This statement is true.

<p>False</p> Signup and view all the answers

'Entrepreneurship' refers to the process of undertaking risks in an enterprise only.

<p>False</p> Signup and view all the answers

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