Technopreneurship and Entrepreneurship Quiz

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Questions and Answers

What is the definition of an entrepreneur?

  • A person who studies entrepreneurship
  • A person who organizes and leads military expeditions
  • An individual who creates a new business and takes on most of the risks and rewards (correct)
  • Someone who is born with entrepreneurial skills

What is the process of setting up a business known as?

  • Innovation
  • Technopreneurship
  • Entertainment
  • Entrepreneurship (correct)

According to Peter Drucker, is entrepreneurship something that can be learned?

  • Yes, it can be learned and studied (correct)
  • No, it is a magical and mysterious talent
  • No, it is a natural ability
  • Yes, it is a genetic trait

What does the word 'entrepreneur' mean in French?

<p>To undertake (C)</p> Signup and view all the answers

In the early 16th century, who were referred to as 'entrepreneurs' in France?

<p>Men who organized and led military expeditions (A)</p> Signup and view all the answers

Flashcards

Entrepreneur

An individual who creates a new business, taking on most of the risks and reaping the rewards.

Entrepreneurship

The process of setting up, launching, and running a new business venture.

Is entrepreneurship learnable?

Entrepreneurship can be learned and studied, like any other skill or discipline.

Meaning of 'entrepreneur'

In French, 'entrepreneur' means 'to undertake'.

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Early 'entrepreneurs'

In the early 16th century, 'entrepreneurs' referred to men who organized and led military expeditions.

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Study Notes

Definition of an Entrepreneur

  • An entrepreneur is an individual who creates, organizes, and operates a new business venture, often taking on financial risks.

Process of Setting Up a Business

  • The process of setting up a business is known as entrepreneurship.

Entrepreneurship as a Learnable Skill

  • Peter Drucker advocated that entrepreneurship is a discipline that can be learned and practiced, emphasizing that it is not solely reliant on innate talent.

Meaning of 'Entrepreneur' in French

  • In French, the word 'entrepreneur' translates to "to undertake," highlighting the proactive nature of starting and managing businesses.

Historical Context of Entrepreneurs in France

  • In the early 16th century, the term 'entrepreneurs' was used in France to describe individuals who engaged in large construction projects, including military ventures and infrastructure development.

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