Entrepreneurship: Introduction & Characteristics Quiz
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Entrepreneurship: Introduction & Characteristics Quiz

Created by
@FelicitousWoodland

Questions and Answers

What is entrepreneurship according to Stevenson and Jarillo?

Pursuing opportunities without regard to currently controlled resources

Which characteristic is shared by successful entrepreneurs according to the text?

Keen focus on products and customers

What is the primary reason that people become entrepreneurs according to the text?

Desire to be their own boss

What is the concept of corporate entrepreneurship at the firm level?

<p>Proactive and innovative firms</p> Signup and view all the answers

Which term describes the position of a firm on the conceptual continuum related to entrepreneurial intensity?

<p>'Proactive' stance</p> Signup and view all the answers

What is the most prominent characteristic shared by successful entrepreneurs as per the text?

<p>Passion for the business</p> Signup and view all the answers

What percentage of Americans are actively engaged in starting a business or are the owner/manager of a business less than three years old?

<p>17.4%</p> Signup and view all the answers

Which of the following is NOT one of the learning objectives covered in the text?

<p>Discuss the importance of entrepreneurship education</p> Signup and view all the answers

What type of entrepreneurship involves starting a new business within an existing organization?

<p>Corporate entrepreneurship</p> Signup and view all the answers

Which of the following is NOT listed as a reason why people decide to become entrepreneurs?

<p>To follow a family tradition</p> Signup and view all the answers

How many types of start-up firms are discussed in the text?

<p>3</p> Signup and view all the answers

What is the main focus of the text?

<p>Introduction to entrepreneurship</p> Signup and view all the answers

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