
Entrepreneurship Quiz
Authored by Rosh Rosales
Social Studies
University
Used 4+ times

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40 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the term 'entrepreneur' originate from?
Spanish
German
French
Latin
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to Hisrich and Peter, what is entrepreneurship primarily about?
Innovating products
Providing services
Creating wealth
Managing risks
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who defined an entrepreneur as a subject of market relations?
Adam Smith
Richard Cantillon
Josef Schumpeter
Peter Drucker
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main focus of Josef Schumpeter's definition of entrepreneurship?
Risk management
Implementation of new combinations
Market prediction
Profit maximization
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does Peter Drucker emphasize as the main activity of entrepreneurship?
Risk-taking
Financial planning
Innovation
Market analysis
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What role does Israel Kirzner attribute to entrepreneurs?
Reducing competition
Vigilance to profitable opportunities
Managing existing businesses
Creating new markets
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was Marco Polo's contribution to the concept of entrepreneurship?
He was a merchant adventurer
He founded the first company
He created a new product
He established trade regulations
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