Entrepreneurship Concepts

Front

What does the term 'entrepreneur' mean?

Back

To undertake.

Front

What is the role of entrepreneurs in the economy?

Back

They provide needed products and services, helping to solve unemployment.

Front

What is the process of creating an enterprise called?

Back

Entrepreneurship.

Front

Name a key personality factor that affects entrepreneurship.

Back

Initiative.

Front

What does it mean to be proactive in entrepreneurship?

Back

To classify opportunities and seize them.

Front

What is the significance of perseverance for an entrepreneur?

Back

It means pursuing goals regardless of challenges.

Front

How does persuasion play a role in entrepreneurship?

Back

It allows an entrepreneur to entice people to buy products.

Front

What is a common competency of an entrepreneur related to decision-making?

Back

Decisive.

Front

What does it mean for an entrepreneur to be an opportunity seeker?

Back

They have the ability to see business chances first.

Front

What type of entrepreneur creates new ideas and innovations?

Back

Innovative entrepreneurs.