ENTREP12 -1st Quiz

Profit potential is the compensation of the entrepreneur.

• TRUE

• FALSE

Profit potential is the compensation of the entrepreneur.

• TRUE

• FALSE

The greatest significance of entrepreneurship is to help identify and develop the managerial capabilities of entrepreneurs.

• TRUE

• FALSE

Entrepreneurship is a process of actions of an entrepreneur who is always in search of opportunities.

• TRUE

• FALSE

Entrepreneurial process starts with identification of entrepreneurial opportunities.

• TRUE

• FALSE

Interest and hobbies of the people are possible good source of entrepreneurial ideas.

• TRUE

• FALSE

Interest and hobbies of the people are possible good source of entrepreneurial ideas.

• TRUE

• FALSE

Entrepreneurial mind frame permits the entrepreneur to see things in a very positive and optimistic light.

• TRUE

• FALSE

Value refers to what the product does for customers that they’re prepared to pay.

• TRUE

• FALSE

The Entrepreneurs will not consider the health benefits of the consumers.

• TRUE

• FALSE