The Entrepreneurship Quiz
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Questions and Answers

According to Joseph Schumpeter, what is the role of an entrepreneur?

  • To search for things to change and respond to them (correct)
  • To deliver customer's needs and demands
  • To study how entrepreneurs are motivated
  • To bear and take the risk of creating a new venture

    • What is the role of an entrepreneur?

  • To bear and take the risk of creating a new venture (correct)
  • To study how entrepreneurs are motivated
  • To search for things to change and respond to them
  • To deliver customer's needs and demands

    • What is entrepreneurship defined as?

  • The process of studying how entrepreneurs are motivated
  • The process of creating something new (correct)
  • The process of delivering customer's needs and demands
  • The process of bearing and taking the risk of creating a new venture

    • According to Peter Drucker, what is the role of an entrepreneur?

    <p>To study how entrepreneurs are motivated</p> Signup and view all the answers

    What do most businesspeople believe about entrepreneurs?

    <p>They deliver customer's needs and demands</p> Signup and view all the answers

    What is the role of an entrepreneur?

    <p>To bear and take the risk of creating a new venture</p> Signup and view all the answers

    What is entrepreneurship defined as?

    <p>The process of creating something new</p> Signup and view all the answers

    According to Joseph Schumpeter, what did he study?

    <p>How entrepreneurs are motivated to look, innovate, and create new ways of doing business</p> Signup and view all the answers

    According to Peter Drucker, what is an entrepreneur?

    <p>Someone who searches for things to change and responds to it</p> Signup and view all the answers

    What do most businesspeople believe about entrepreneurs?

    <p>They are willing to bear and take the risk of creating a new venture</p> Signup and view all the answers

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