Jean Babtiste Say proposed that an entrepreneur is a person who shifts resources from an area of high productivity to low productivity.

• TRUE

• FALSE

Richard Cantillon defines entrepreneurs as a person who undertakes risk in order to maximize profit.

• TRUE

• FALSE

Entrepreneurship is a process of innovation and new

venture creation through four major dimensions

• TRUE

• FALSE

Entreprenuer is the person who owns and run a business while entrepreneurship is the process of establishing a business.

• TRUE

• FALSE

Creation of new product value is an activity related to entrepreneurship.

• TRUE

• FALSE

In Islamic entrepreneurship, there is separation between business and religion.

• TRUE

• FALSE

According to Carl Menger, the four (4) factors of productions are: Land, labor, capital and entrepreneur

• TRUE

• FALSE

Entrepreneurs are individuals who actively form or lead their own business and growth for profit maximization.

• TRUE

• FALSE

Islam encouraged its ummah to venture into

business as 9 out 10 source of rizque reski can be found

in business

• TRUE

• FALSE

The process of entrepreneurship or business development

is usually static.

• TRUE

• FALSE