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Origin and Nature of Entrepreneurship

Total questions: 10

Worksheet time: 60secs

Name
Class
Date
1.

The term entrepreneurship takes its origin from the French word:

a)

entrepreneurial

b)

entreprendre

c)

entreprendice

2.

Entreprendre was then used by merchants and traders in ____ and early ____ century.

a)

19th, 20th

b)

18th, 19th

c)

17th, 18th

3.

entreprendre means:

a)

to undertake

b)

to defeat

c)

to decline

4.

It was in the 1755,when _____________, an Irish man living in France used the term Entrepreneur in his composition: Essay on the Nature of Commerce

a)

Joseph Alois Schumpeter

b)

Richard Cantilion

c)

Peter Drucker

5.

It became the central part of the entrepreneurship in the 19th century and it has been widely used in various disciplines.

a)

Entrepreneur behaviors

b)

Modern Management

c)

Innovation

6.

He is the father of entrepreneurship.

a)

Joseph Alois Schumpeter

b)

Peter Drucker

c)

Richard Cantilion

7.

The father of modern management.

a)

Peter Drucker

b)

Richard Cantilion

c)

Joseph Alois Schumpeter

8.

is what entrepreneurs pursue in order to create value and grow by fulfilling wants and needs of target market through innovation and uniqueness -regardless of personal resource situation

a)

Business Management

b)

Entrepreneurship

c)

Business Opportunity

9.

The process whereby an individual or group of individuals use organized efforts to pursue opportunities

a)

Business Management

b)

Entrepreneurship

c)

Business Opportunity

10.

The role of entrepreneurs as innovators and so the term entrepreneurship takes on a meaning of ___________

a)

"business management"

b)

"opportunity"

c)

"creative destruction"