Quiz 1 Entrepreneurship

A part of the business plan that shows how long
it takes for a business to recoup an investment.

They are the one who undertakes a business and takes risks
In order to reap profits from the business.

It is the first step in business development process.

They are the ones who purchase your product.

It is an essence of entrepreneurial process where
Entrepreneurs may pursue by taking risks.

It is a small-scale independent firm usually managed
on a limited scale.

1. The successful implementation of creative ideas within an
   Organization.

1. A framework for creating tasks that, when executed,
   will allow the company to achieve its goal particularly the
   Workforce allocation

1. This can be defined as the underlying characteristics of
   Entrepreneurs do the task successfully and effectively.

1. It is the process of identifying new opportunities and
   turning it into products or services.