ENTR 220 Lectures 1 and 2

The word entrepreneur is derived from the ...................... language.

• French

• Latin

• Arabic

• English

What is entrepreneurship?

• It is the process of becoming rich. You have to have a lot of money to start.

• It is the process of pursuing opportunities without regard to resources for future benefits.

People become entrepreneurs mainly because they want to pursue financial rewards, pursue their own ideas ​ and ​ (a)   ​ ​

• be their own boss
• be dentists
• work at a hospital
• be famous

How does Vision 2030 support entrepreneurship in Saudi Arabia?

• By stopping small businesses

• By encouraging new ideas and businesses

• By giving fewer chances to young people

• By supporting only big companies

We have many new products and services now e.g Jahez and Uber. What is this an example of?

• helping society

• helping only doctors

• helping only pharmacists

• helping only dentists

Entrepreneurship is ..................

• revolutionizing

• unchanged

Entreprenurial demographics are changing. The numbers of female entrepreneurs are ____________________

• increasing

• decreasing

How can small businesses help Saudi Vision 2030?

• Small businesses can help by creating jobs.

• Small businesses can help by focusing only on local sales.

• Small businesses can help by reducing competition in the market.
• Small businesses can help by increasing government spending.