BMNG6211

Nieman and Nieuwenhuizen (2009) identified five types of entrepreneurs.

Name these five entrepreneurs:

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OFF

Entrepreneurship is important as it contributes to economic development, which impacts businesses and individuals, and the community within which they operate, through job creation and social development.

• true

• false

The entrepreneurial process is like a ‘recipe’ for starting and managing a new business.

• true

• false

What is a Pre-entrepreneur?

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OFF

What is a Necessity entrepreneur?

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OFF

What is the difference between lifestyle entrepreneurs and social entrepreneurs?

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OFF

Every weakness that you have in your venture will help build the competitive advantage of your venture.

• true

• false