The Entrepreneurship Knowledge Challenge

• The extraction of economic value
• The process of setting up a business (correct)
• The willingness to develop a business venture
• The creation of new ideas and goods

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

• Entrepreneurship is the same as starting a small business
• Entrepreneurship involves more risks than starting a business
• Entrepreneurship requires innovation and new ideas (correct)
• Entrepreneurship focuses on economic values only

<p>The process of designing, launching, and running a new business (A)</p> Signup and view all the answers

<p>Entrepreneurs (D)</p> Signup and view all the answers