What is Entrepreneurship?

What is an entrepreneur?

• A person who works for a large corporation.

• A person with an idea for a product or service who starts a business.

• A person who only sells existing products.

• A person who avoids taking risks.

Which of the following is an example of an entrepreneurial venture?

• Working a traditional 9-to-5 job.

• Opening a boutique or creating a popular app.

• Investing in established companies.

• Becoming an employee in a large firm.

What is true about the dreams of an entrepreneur?

• They are always very large and ambitious.

• They must involve creating a new technology.

• They can be big or small.

• They are typically focused on short-term gains.

Which of these characteristics are shared by most successful entrepreneurs?

• Reserved, cautious, and conventional.

• Passive, dependent, and uninspired.

• Passionate, motivated, independent, and creative.

• Complacent, traditional, and risk-averse.

How do entrepreneurs typically approach existing situations or norms?

• They readily accept things as they are.

• They seek to find new opportunities and believe their ideas have value.

• They prefer to follow established rules without questioning.

• They only focus on improving existing products.