10 Questions
What is the origin of the word 'entrepreneur'?
French
Who was the earliest in the history of Economics to identify the role of Entrepreneur in the economy?
Richard Cantillon
According to Richard Cantillon, who were included in his definition of entrepreneurs?
Beggars and thieves
According to Richard's classification, which economic agents play the central part?
Entrepreneurs
Which classical scholar from the mentioned period emphasized the role of entrepreneurs?
Joseph Schumpeter
How does the concept of entrepreneurship vary?
It varies from country to country and from period to period
What did Richard see the entrepreneur as in terms of buying and selling?
Risk-taker
What are the broadly classified categories of entrepreneurs as mentioned in the text?
Entrepreneurial Functions, Managerial Functions, Promotional Functions
What is the primary task of an entrepreneur according to the text?
Policy of production decision making
Which function of the entrepreneur has declined in importance as business is managed more by paid managers?
Management Control
Test your knowledge of entrepreneurship with this quiz covering the definitions and historical development of the concept. Learn about the origin of the word 'entrepreneur' and explore how entrepreneurship has been defined across different countries and time periods.
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