The Entrepreneurship and Creativity Quiz
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Questions and Answers

Which of the following best describes entrepreneurship?

  • The capability of the learner
  • The willingness to take risks (correct)
  • The ability to develop new ideas
  • The consumer need or want

    • What are the five action areas of entrepreneurship?

  • Competitive Advantage, Competitive Strategies, Change Management, Creating Customer, Winning Customer
  • Achievement, Technology, Creativity, Entrepreneurial Skills, People Skills
  • New Business Models, Venture Management, Innovative Management, Discovering Opportunities, Pursuing Opportunities (correct)
  • Enterprise, Opportunities, Competition, Customer, Personal Development

    • What is the role of entrepreneurial creativity?

  • To create new products or processes (correct)
  • To pursue opportunities
  • To develop new business models
  • To retain customers

    • What are the types of entrepreneurial creativity?

    <p>Entrepreneurial action, Internal action, External action</p> Signup and view all the answers

    What is the role of competition in entrepreneurship?

    <p>To create competitive advantage</p> Signup and view all the answers

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