CHAPTER 3 - ENTREPRENEURSHIP & SMALL BUSINESS DEVELOPMENT

CHAPTER 3 - ENTREPRENEURSHIP & SMALL BUSINESS DEVELOPMENT

University

20 Qs

quiz-placeholder

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CHAPTER 3 - ENTREPRENEURSHIP & SMALL BUSINESS DEVELOPMENT

CHAPTER 3 - ENTREPRENEURSHIP & SMALL BUSINESS DEVELOPMENT

Assessment

Quiz

Business

University

Practice Problem

Medium

Created by

Pija San

Used 11+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 sec • 1 pt

Entrepreneurship involves identifying, evaluating, and exploiting opportunities by marshaling resources, managing risk, and creating value for stakeholders.

Joseph Schumpeter

Peter Drucker

Howard Stevenson

William Bygrave & Andrew Zacharakis

2.

MULTIPLE CHOICE QUESTION

5 sec • 1 pt

Entrepreneurs is individuals who introduce new products, processes, or ways of organizing production, thereby disrupting existing markets and creating economic value.

Joseph Schumpeter

Peter Drucker

Howard Stevenson

William Bygrave & Andrew Zacharakis

3.

MULTIPLE CHOICE QUESTION

5 sec • 1 pt

Entrepreneurs is individuals who create value by bringing together a unique package of resources to exploit opportunities.

Joseph Schumpeter

Peter Drucker

Howard Stevenson

William Bygrave & Andrew Zacharakis

4.

MULTIPLE CHOICE QUESTION

5 sec • 1 pt

Creation of employment, innovation and impact on society and community development are the importance of entrepreneurship

TRUE

FALSE

5.

MULTIPLE CHOICE QUESTION

5 sec • 1 pt

Not afraid to do new things is what characteristic for entrepreneur?

Risk Taker
Human Relations Skills
Problem-solving & Decision-making Skills
Independent

6.

MULTIPLE CHOICE QUESTION

5 sec • 1 pt

Looking at new ways of doing things, and using the mind to conceptualize unique ideas is what characteristic of an entrepreneur?

Goal-Oriented

Creative

Independent

Responsible

7.

MULTIPLE CHOICE QUESTION

5 sec • 1 pt

The Timmons Model of Entrepreneurship Process considers opportunities, teams and resources as the three critical factors available to an entrepreneur.

FALSE

TRUE

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