The Impact of Entrepreneurship
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Questions and Answers

Which benefit does an entrepreneur gain from entrepreneurship?

  • Means of Economic Development
  • Improving Standard of Living
  • Development of Managerial Capabilities (correct)
  • Creation of Organizations

What is one outcome of entrepreneurship?

  • Development of Managerial Capabilities
  • Improving Standard of Living
  • Creation of Organizations (correct)
  • Means of Economic Development

How can entrepreneurship impact an individual's economic status?

  • Means of Economic Development
  • Improving Standard of Living (correct)
  • Development of Managerial Capabilities
  • Creation of Organizations

What does entrepreneurship contribute to the society?

<p>Means of Economic Development (C)</p> Signup and view all the answers

Which language did the word 'entrepreneur' originate from?

<p>French (C)</p> Signup and view all the answers

What does the word 'entrepreneurship' refer to?

<p>The process of undertaking a business venture (A)</p> Signup and view all the answers

What is one characteristic of entrepreneurs?

<p>They are innovators (D)</p> Signup and view all the answers

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