Importance of Entrepreneurship to Organizations

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MarvelousEuler
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10 Questions

What does the word 'entrepreneur' mean?

To undertake a risk

What is a key characteristic of entrepreneurs?

Initiative

How does entrepreneurship contribute to economic development?

By improving the standard of living

What is one factor affecting entrepreneurship according to the text?

Perseverance in pursuing goals

What distinguishes entrepreneurs from others?

Generating unique ideas and solutions

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

Being indecisive

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

Imitating Entrepreneur

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

Being a follower

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

Drone Entrepreneur

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

Accountant

Explore the significance of entrepreneurship to organizations, including the development of managerial capabilities, creation of new organizations, improvement of standard of living, and economic development. Learn how entrepreneurship impacts various aspects of an organization.

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