Introduction to Entrepreneurship
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Introduction to Entrepreneurship

Created by
@InestimableNonagon

Questions and Answers

Which type of entrepreneur conceptualizes a business plan and puts in effort to establish a business?

Founder or Pure Entrepreneurs

What type of entrepreneur inherits the business from their fathers and forefathers?

Second Generation Operators of Family-Owned Businesses

Which type of entrepreneur licenses trademarks and business methods to a franchisee?

Franchisees

In what style do Achievers primarily run their businesses?

<p>Personal drive to excel</p> Signup and view all the answers

Which type of entrepreneur engages in manufacturing activities?

<p>Industrial Entrepreneurs</p> Signup and view all the answers

What is a key characteristic of an entrepreneur according to the provided text?

<p>Perceiving business opportunities in the environment</p> Signup and view all the answers

Why do entrepreneurs invest their own money or borrow money for the business?

<p>To innovate and improve business efficiency</p> Signup and view all the answers

What is considered a reward of being an entrepreneur according to the text?

<p>Growing from baby to adult as a business</p> Signup and view all the answers

Why is entrepreneurship important to a country according to the text?

<p>To provide jobs and inspire others</p> Signup and view all the answers

What is the main aim of entrepreneurs in terms of their products' value?

<p>Ensuring benefits outweigh the cost</p> Signup and view all the answers

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