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Questions and Answers
Entrepreneurship involves only creating a business enterprise by an individual, not a team.
Entrepreneurship involves only creating a business enterprise by an individual, not a team.
False (B)
An entrepreneur bears most of the rewards and enjoys most of the risks.
An entrepreneur bears most of the rewards and enjoys most of the risks.
False (B)
Entrepreneurs do not play a key role in the economy.
Entrepreneurs do not play a key role in the economy.
False (B)
Entrepreneurship does not involve innovating or commercializing an idea, technology, product, or service.
Entrepreneurship does not involve innovating or commercializing an idea, technology, product, or service.
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Goods are bought at a certain price, value is added by transforming the goods, and the goods are then sold at a lower price.
Goods are bought at a certain price, value is added by transforming the goods, and the goods are then sold at a lower price.
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What does entrepreneurship involve?
What does entrepreneurship involve?
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What role do entrepreneurs play in the economy?
What role do entrepreneurs play in the economy?
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What is the origin of the word 'entrepreneur'?
What is the origin of the word 'entrepreneur'?
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What does an entrepreneur do with goods according to Richard Cantillon?
What does an entrepreneur do with goods according to Richard Cantillon?
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What is the primary motivation for entrepreneurship?
What is the primary motivation for entrepreneurship?
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