Entrepreneurship

Entrepreneurship is the ability to develop a business from opportunities

• True

• False

An Entrepreneur is someone who quits easily

• True

• False

An entreprenur can be identified by their need for immediate feedback

• True

• False

Entrepreneurs can have a healty personal and family life

• True

• False

A benefit of entrepreneurship is that it allows for a high level of flexibility

• True

• False

The following best describes a social entrepreneur

• Constantly creating new ideas

• Adopts a style to create values

• Creates profit from personal passion

• Establishes new ideas to generate profit

Which of the following is a major type of entrepreneur?

• Lifestyle Entrepreneur

• Dedicated Entrepreneur

• Motivational Entrepreneur

• Passionate Entrepreneur

Which of the following represents an entrepreneurship?

• Does not experience rapid growth

• Carries out business already established

• Recognizing new business opportunities

• Have low market share

Often the term entrepreneurship and small business are used interchangeably by individuals. Which of the following does not represent entrepreneurship?

• Experience rapid growth and development

• Owned and controlled by a few individuals

• Exploits new business opportunities

• Exhibits high degree of innovation

After doing his research, George decided he did not want to be an entrepreneur. Which of the following caused him to make this decision?

• Entrepreneurship can be lonely

• Entrepreneurship creates enormous financial pressure

• Entrepreneurs have to deal with difficult employees

• All of the above