Podcast
Questions and Answers
What is an essential characteristic of an entrepreneur?
What is an essential characteristic of an entrepreneur?
- Working only in a large corporation
- Being a salaried employee
- Taking risks to seize business opportunities (correct)
- Avoiding innovation and change
What is a key benefit of entrepreneurship to a country?
What is a key benefit of entrepreneurship to a country?
- Creation of jobs and provision of goods and services (correct)
- Reduction in economic growth
- Increased dependence on imported products
- Increased unemployment
What is a reward of being an entrepreneur?
What is a reward of being an entrepreneur?
- Long hours of hard work
- The wellbeing of consumers (correct)
- Risk of failure
- Only focusing on profit
What is a risk of being an entrepreneur?
What is a risk of being an entrepreneur?
What is a key role of an entrepreneur in a business?
What is a key role of an entrepreneur in a business?
What is a characteristic of a valuable product?
What is a characteristic of a valuable product?
Why are entrepreneurs important to a country's economy?
Why are entrepreneurs important to a country's economy?
What is a consequence of entrepreneurship in a country?
What is a consequence of entrepreneurship in a country?
What is the primary characteristic of a systematic innovation?
What is the primary characteristic of a systematic innovation?
What is the primary goal of an Achiever entrepreneur?
What is the primary goal of an Achiever entrepreneur?
What type of entrepreneur is characterized by demonstrating innovative skills in organizing and managing?
What type of entrepreneur is characterized by demonstrating innovative skills in organizing and managing?
What is the primary characteristic of a First Generation Entrepreneur?
What is the primary characteristic of a First Generation Entrepreneur?
What is the primary goal of an entrepreneur who is classified as a franchisee?
What is the primary goal of an entrepreneur who is classified as a franchisee?
What is the primary characteristic of an Industrial Entrepreneur?
What is the primary characteristic of an Industrial Entrepreneur?
What type of entrepreneur is classified as an 'Induced Entrepreneur'?
What type of entrepreneur is classified as an 'Induced Entrepreneur'?
What is the primary characteristic of a Founder or Pure Entrepreneur?
What is the primary characteristic of a Founder or Pure Entrepreneur?
What is the primary characteristic of a Trading Entrepreneur?
What is the primary characteristic of a Trading Entrepreneur?
