Importance of Entrepreneurship to Organizations
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Importance of Entrepreneurship to Organizations

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@MarvelousEuler

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Questions and Answers

What does the word 'entrepreneur' mean?

  • To undertake a risk (correct)
  • To manage a business
  • To create an organization
  • To develop managerial skills

    • What is a key characteristic of entrepreneurs?

  • Passivity
  • Fear of challenges
  • Dependence on instructions
  • Initiative (correct)

    • How does entrepreneurship contribute to economic development?

  • By creating organizations
  • By providing unique solutions to market needs
  • By improving the standard of living (correct)
  • By developing managerial capabilities

    • What is one factor affecting entrepreneurship according to the text?

    <p>Perseverance in pursuing goals</p> Signup and view all the answers

    What distinguishes entrepreneurs from others?

    <p>Generating unique ideas and solutions</p> Signup and view all the answers

    Which of the following is NOT a characteristic of a successful entrepreneur?

    <p>Being indecisive</p> Signup and view all the answers

    What type of entrepreneur follows the ideas of others rather than creating new ones?

    <p>Imitating Entrepreneur</p> Signup and view all the answers

    Which of the following is NOT a core competency in entrepreneurship?

    <p>Being a follower</p> Signup and view all the answers

    Which type of entrepreneur is ready to suffer the loss of business and is conservative?

    <p>Drone Entrepreneur</p> Signup and view all the answers

    Which of the following is NOT a career opportunity in entrepreneurship?

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

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