Introduction to Entrepreneurship

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10 Questions

Which type of entrepreneur conceptualizes a business plan and puts in effort to establish a business?

Founder or Pure Entrepreneurs

What type of entrepreneur inherits the business from their fathers and forefathers?

Second Generation Operators of Family-Owned Businesses

Which type of entrepreneur licenses trademarks and business methods to a franchisee?

Franchisees

In what style do Achievers primarily run their businesses?

Personal drive to excel

Which type of entrepreneur engages in manufacturing activities?

Industrial Entrepreneurs

What is a key characteristic of an entrepreneur according to the provided text?

Perceiving business opportunities in the environment

Why do entrepreneurs invest their own money or borrow money for the business?

To innovate and improve business efficiency

What is considered a reward of being an entrepreneur according to the text?

Growing from baby to adult as a business

Why is entrepreneurship important to a country according to the text?

To provide jobs and inspire others

What is the main aim of entrepreneurs in terms of their products' value?

Ensuring benefits outweigh the cost

Explore the fundamental concepts of entrepreneurship with Estephany Gerona's lecture. Learn about who an entrepreneur is, how they plan and organize new enterprises, and the importance of perceiving business opportunities and taking risks.

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