The Foundations of Entrepreneurship
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Questions and Answers

What is the role of the entrepreneur in business?

  • To launch new businesses (correct)
  • To drive the growth of entrepreneurship
  • To define the entrepreneurial profile
  • To put failure into perspective

    • What is the GEM study mentioned in the text?

  • A study on the cultural diversity of entrepreneurship
  • A study on the significant economic development (correct)
  • A study on the benefits of entrepreneurship
  • A study on the drawbacks of entrepreneurship

    • What is the significance of the entrepreneurial spirit mentioned in the text?

  • It puts failure into perspective
  • It defines the entrepreneurial profile
  • It drives the growth of entrepreneurship
  • It has been a recent economic development (correct)

    • What is the cultural diversity of entrepreneurship explained in the text?

    <p>The cultural backgrounds of entrepreneurs</p> Signup and view all the answers

    What is the important role that small businesses play in the nation's economy according to the text?

    <p>To contribute to the economy</p> Signup and view all the answers

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