Entrepreneurship Quiz

The art of observing correct practices in managing and operating a self-owned wealth-creating

business enterprise by providing goods and services that are valuable to the customers.

It involves continuous adaptation to environmental changes, driven by creativity and innovation to seize new business opportunities.

Concepts evolve with environmental changes, fostering innovation.

Maximizes resource utilization to improve the entrepreneur's life.

Provides additional benefits measured from the consumer's perspective.

Requires the owner to manage the business directly.

Entrepreneurs face and minimize inherent business risks.

What are the 5 keys of Entrepreneurship?

Applies to all business types, not only manufacturing.

Relevant for businesses of all sizes, not just small ones.