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Master the Entrepreneurial Mindset

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Questions and Answers

Which of the following best describes entrepreneurship?

A mindset that generates creative ideas
An attitude of exploring, developing, leading, and taking initiatives
The process of identifying, developing, and bringing a vision to life
All of the above (correct)

What is the main characteristic of entrepreneurs?

Being risk-averse
Having the drive to push an idea to reality (correct)
Being born with an entrepreneurial mindset
Being focused on security

What does the word 'enterprise' refer to?

A business venture
An innovative idea (correct)
A better way of doing something
All of the above

What impact has entrepreneurship had on business and social ventures?

<p>It has revolutionized them at every level and country (D)</p> Signup and view all the answers

Can entrepreneurship be limited to only profit-oriented activities?

<p>No, entrepreneurship can also involve non-profit activities (A)</p> Signup and view all the answers

Flashcards

Entrepreneurship

The process of starting and managing a business to make a profit or achieve social change.

Main characteristic of entrepreneurs

The drive to turn innovative ideas into reality.

Enterprise

An innovative idea that is actionable and can lead to business opportunities.

Impact of entrepreneurship

Revolutionizes business and social ventures globally and at all levels.

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Profit vs Non-profit Entrepreneurship

Entrepreneurship is not limited to making profits; it can also focus on social causes.