Chapter 7 in between lecture 1

How many elements of creating a business project are there?

• Two

• Three

• Four

• Five

One of the elements of entrepreneurship is the entrepreneur itself

• True

• False

• Not sure

• What was that? I was sleeping

What's the meaning of technical and adminstrative skills of an entrepreneur?

• •being creative, innovative, and risk-taking.

• •being able to manage finances, organize projects, and communicate effectively

• What was that? I was sleeping

Environment is not an element of creating business projects

• True

• False

• You are tricking me

• Again, I was sleeping

Market condition such as inflation or recession can be an example of environmental element.

• True

• False

• You are tricking me

• Again, I was sleeping

Bla bla bla refers to the overall health and conditions of the broader economy. Factors like GDP growth, inflation rates, interest rates, employment levels, and consumer confidence can impact the business environment. What is bla bla bla?

• Market Condition

• Economic Climate

• Rules

• Cultural experience

Meow meow meow...refers to the advancements, innovations, and digital infrastructure available in the market. Technology can disrupt industries, create new business opportunities, and change customer expectations. What is meow meow meow?

• Market Condition

• Economic Climate

• Technological Landscape

• Social and environmental factors

The last factor needed to create a business project, is the project itself.

• True

• False

• I forgot

• I wasn't listening to you. I was browsing Tiktok

What does the project mean, though?

Are business ideas and business concepts the same thing?

• I think so, they should be the same

• I don't think so

• For sure different

• For sure the same