The Entrepreneurship Advantage

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App

Questions and Answers

Which of the following best describes the origin of the word 'entrepreneurship'?

  • It comes from the French word 'entre' meaning 'between' (correct)
  • It comes from the French word 'entre' meaning 'to undertake'
  • It comes from the French word 'prendre' meaning 'between'
  • It comes from the French word 'prendre' meaning 'to undertake'

What is one of the benefits of entrepreneurship mentioned in the text?

  • It controls local wealth and balances regional development
  • It reduces social conflicts and political unrest
  • It elicits economic independence and capital formation
  • It produces more jobs and increases national income (correct)

Which of the following is NOT a benefit of entrepreneurship?

  • It introduces new and innovative products and services
  • It disperses economic power and creates equality
  • It expands economic activities of different sectors of society
  • It reduces social conflicts and political unrest (correct)

Which of the following is NOT a common trait of entrepreneurs?

<p>Passive (A)</p> Signup and view all the answers

What does entrepreneurship mean in a business context?

<p>To undertake a business venture (A)</p> Signup and view all the answers

Which of the following is a benefit of entrepreneurship mentioned in the text?

<p>It increases national income (B)</p> Signup and view all the answers

What is the origin of the word 'entrepreneurship'?

<p>It originates from the French word 'entre' meaning 'between' and 'prendre' meaning 'to undertake' (A)</p> Signup and view all the answers

Which of the following is a core trait of entrepreneurs mentioned in the text?

<p>They always have a decision about their business (C)</p> Signup and view all the answers

What is one of the benefits of entrepreneurship mentioned in the text?

<p>It expands economic activities of different sectors of society (B)</p> Signup and view all the answers

Which of the following best describes the proactive nature of entrepreneurs?

<p>They ensure timely execution of plans (D)</p> Signup and view all the answers

Flashcards are hidden until you start studying

More Like This

Use Quizgecko on...
Browser
Open
Browser
Browser