The Entrepreneurship Advantage
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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</p> Signup and view all the answers

    What does entrepreneurship mean in a business context?

    <p>To undertake a business venture</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</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'</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</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</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</p> Signup and view all the answers

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