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The Entrepreneurship Challenge
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The Entrepreneurship Challenge

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@ThriftyMaroon

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Questions and Answers

Which of the following best describes entrepreneurship?

  • The process of managing a business venture
  • The process of designing and launching a new business
  • The process of starting a business
  • The process of creating economic value (correct)

    • What is an entrepreneur?

  • An individual who manages a business venture
  • An individual who takes risks in starting a business (correct)
  • An individual who invests in businesses
  • An individual who creates new ideas

    • What is the process of setting up a business called?

  • Entrepreneurship (correct)
  • Investment
  • Management
  • Innovation

    • What is entrepreneurship often similar to?

    <p>A small business</p> Signup and view all the answers

    What is the capacity and willingness to develop, organize, and manage a business venture called?

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

    Which of the following best describes entrepreneurship?

    <p>The capacity and willingness to develop, organize, and manage a business venture along with any of its risks to make a profit</p> Signup and view all the answers

    What is the primary role of an entrepreneur?

    <p>To innovate and generate new ideas</p> Signup and view all the answers

    What is the process of starting a business called?

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

    Which of the following is NOT a characteristic of entrepreneurship?

    <p>Economic value</p> Signup and view all the answers

    What is another term for individuals who create businesses?

    <p>Entrepreneurs</p> Signup and view all the answers

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