20 Questions
What does entrepreneurship involve?
Creating and implementing new ideas and creative solutions
Which category does a small street food stall fall into?
Ordinary Small Business
What defines an Ordinary Small Business?
Managed and operated by an owner who is not an advocate of entrepreneurship principles
What is the main focus of a Social Entrepreneur?
Taking advantage of the country’s social problems to help the disadvantaged community
What is the role of a Technopreneur?
To put technology at the core of the business model
How is an 'entrepreneur' defined in the American Heritage Desk Dictionary?
A person who organizes, operates, and assumes the risk of a business venture
What is the meaning of the French word 'entreprendre'?
To undertake
How does Shane (2003) define entrepreneurship?
Carrying out new combinations of firm organization
According to Knight (1921), what characterizes entrepreneurship?
Having profits from bearing uncertainty and risk
What does the term 'enterprise' refer to in the context of entrepreneurship?
The self-owned business venture operated by an entrepreneur
What is the main connotation of the word 'entrepreneur'?
Starting a new business
What does the term 'entrepreneurship' involve, based on the text?
Art of observing correct practices in managing and operating self-owned business
How does the American Heritage Desk Dictionary define an entrepreneur?
Person who organizes and assumes risk in any venture
According to Schumpeter (1934), what characterizes entrepreneurship?
Introduction of new products and services
What is Knight's (1921) definition of entrepreneurship mainly focused on?
Having profits from bearing uncertainty and risk
What is the primary focus of a Technopreneur?
Utilizing technology to address social problems
How does Shane (2003) define entrepreneurship?
The dynamic process of vision, change, and creation requiring energy and passion
What sets apart an Ordinary Small Business from a Small Business?
The lack of adoption and practice of entrepreneurial principles
What characterizes the field of expertise of an Intrapreneur?
Thinking, establishing, and running a new big idea or project in a large company
According to Kuratko (2009), what does entrepreneurship involve?
The discovery, evaluation, and exploitation of opportunities to introduce new goods and services
Test your knowledge about the fundamental concepts and terminology related to entrepreneurship, including the meaning of entrepreneurship, the role of an entrepreneur, and the characteristics of entrepreneurial ventures.
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