Entrepreneurship

The first time the term entrepreneur appeared in literature was around:

• 1700s

• 1900s

• 2021

• 2010

Who gave the term 'entrepreneur'?

• Cantillon

• Sergiu rusu

• Drucker

• Flamingo

The concept of entrepreneurship is ____________ over time.

• fixed

• evolving

• rotating

• conserved

Following is not a classical thought of entrepreneurship.

• person able to raise capital

• person able to raise capital person able to take risk

• desire to start something by oneself

• creation of values by various means

Following is a classical thought of entrepreneurship.

• creation of values by various means

• acting on opportunity irrespective of available resources

• person with connection able to raise capital

• acting on an opportunity with lack of balance

In 1968, Cole described entrepreneurhsip as:

• visionary who is able to foresee the benefits of an invention

• activity dedicated to initiation, maintenance and development of profit oriented enterprise

• creator of new organisations with or without profit

• an educated person with good qualifications and expertise

Following should not be an attribute of an entrepreneur.

• risk taking

• perseverance

• limited knowledge of actual trade

• mathematical skills

The famous definition that 'the entrepreneur identifies and speculates the moments of change, transforming them into business opportunities' was given by:

• Sergiu rusu

• Cole

• Drucker

• Gartner

Following is not necessarily important for a successful entrepreur.

• Vision

• Own capital

• Risk taking propensity/ability

• Hard work

Ability to hold capital can:

• enhance the chance of sustaining business

• enhance the chance of sustaining business reduce ability to make profits

• increase chances of bankruptcy

• disturb the production process in a manufacturing company