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 (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

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