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WorksheetsQ1 ENTREP-11 Review Quiz
Total questions: 90
Worksheet time: 2hrs 30mins
Name
Class
Date
1.
According to the text, what is the operational definition of entrepreneurship?
a)
The art of observing correct practices in managing and operating a self-owned wealth-creating business enterprise by providing valuable goods and services.
b)
The science of maximizing profit in a competitive market.
c)
The process of working for a large corporation to innovate new products.
d)
The act of starting any small business to generate personal income.
e)
A venture focused solely on innovation without regard to wealth creation.
2.
The French word "entreprendre," from which "entrepreneur" originates, means what?
a)
To undertake
b)
To sell
c)
To manage
d)
To profit
e)
To innovate
3.
What is the primary difference between an entrepreneur and an ordinary businessperson, according to the provided material?
a)
An entrepreneur advocates and correctly practices the principles of entrepreneurship.
b)
An entrepreneur always owns a large-scale business.
c)
An ordinary businessperson never makes a profit.
d)
An entrepreneur focuses only on new inventions.
e)
There is no difference between the two terms.
4.
Which of the following is NOT listed as one of the five salient features of entrepreneurship?
a)
It guarantees immediate financial success.
b)
It is an art of correct practices.
c)
It is a wealth-creating venture.
d)
It is a risk-taking venture.
e)
It provides valuable goods and services.
5.
Why is entrepreneurship described as an "art" rather than a "science"?
a)
It is not governed by fixed, absolute rules and is dynamic.
b)
It requires natural artistic talent to succeed.
c)
It is a field that is only studied in liberal arts programs.
d)
Its principles are entirely subjective and cannot be taught.
e)
It relies solely on historical practices.
6.
What does the feature "wealth-creating venture" emphasize in entrepreneurship?
a)
Creating an abundance of money, property, or possession.
b)
Generating a high annual profit as an accounting measure.
c)
Ensuring the business owner has good health.
d)
Acquiring knowledge to improve the business.
e)
Achieving a high market share.
7.
From whose perspective should "value" be defined in an entrepreneurial venture?
a)
The buyers or customers
b)
The seller or entrepreneur
c)
The investors and stakeholders
d)
The government regulators
e)
The marketing department
8.
What are the two key elements of the feature "opening and managing the self-owned enterprise"?
a)
The business must be self-owned and managed by the owner.
b)
The business must be a franchise and managed by a hired professional.
c)
The business must have a large capital investment and a board of directors.
d)
The business must be innovative and have a global reach.
e)
The business must be debt-free and family-run.
9.
What is the relationship between an entrepreneurial venture and risk?
a)
Risk is inherent and cannot be detached from the venture.
b)
Risk can be completely eliminated with proper planning.
c)
Entrepreneurs should always avoid risk.
d)
Only new, unproven ventures have risks.
e)
Risk only applies to financial investments.
10.
In "The Founder," how did the McDonald brothers demonstrate "Providing Value to Customers"?
a)
By creating the "Speedee Service System" for fast and consistent service.
b)
By offering the widest variety of menu items.
c)
By franchising their restaurant to as many people as possible.
d)
By using the cheapest ingredients to lower prices.
e)
By providing live entertainment.
11.
What does the story of Ray Kroc from "The Founder" primarily illustrate about entrepreneurship?
a)
The importance of vision, perseverance, and strategic adaptation.
b)
The necessity of inventing a completely new product.
c)
That success comes without facing any setbacks.
d)
That business ethics are not important for growth.
e)
That one must have a lot of personal wealth to start.
12.
A business managed by a non-owner for the benefit of the owner falls under the concept of:
a)
Intrapreneurship
b)
Entrepreneurship
c)
Social enterprise
d)
Partnership
e)
A sole proprietorship
13.
According to the text, what is the very essence of wealth in an entrepreneurial endeavor?
a)
The concept of abundance
b)
The concept of accounting profit
c)
The concept of market share
d)
The concept of revenue
e)
The concept of cash flow
14.
What is a key reason for the lack of a universally accepted definition of entrepreneurship?
a)
Scholars are influenced by personal beliefs and historical economic contexts.
b)
Entrepreneurship is a new field with very little academic research.
c)
The definition is a closely guarded secret among successful entrepreneurs.
d)
Governments cannot agree on a single legal definition.
e)
The term is too complex to be defined.
15.
How is a "small business" differentiated from an "ordinary small business"?
a)
A "small business" correctly adopts and practices the principles of entrepreneurship.
b)
A "small business" has more than 20 employees.
c)
An "ordinary small business" is always more profitable.
d)
A "small business" only exists in the tech sector.
e)
There is no difference.
16.
What does creativity in entrepreneurship primarily lead to?
a)
New ideas that can be transformed into opportunities.
b)
Guaranteed business success.
c)
The elimination of all business risks.
d)
A static and unchanging business model.
e)
Higher operating costs.
17.
In "The Founder," Ray Kroc's vision is best described as:
a)
Opportunity-driven, focusing on scaling an existing successful system.
b)
Product-driven, focusing on creating a new type of food.
c)
Process-driven, focusing on improving kitchen efficiency.
d)
Community-driven, focusing on local restaurant quality.
e)
Financially-driven, focusing on short-term profit.
18.
What was the crucial strategic pivot that led to Ray Kroc's financial success with McDonald's?
a)
Shifting the business model from food service to real estate.
b)
Changing the recipe for the hamburgers and fries.
c)
Firing the McDonald brothers and taking full control.
d)
Focusing on international franchising from the very beginning.
e)
Lowering the price of all menu items by 50%.
19.
The McDonald brothers' reluctance to franchise their business stemmed from a desire to:
a)
Maintain the quality and integrity of their product.
b)
Avoid paying taxes on franchise fees.
c)
Keep their "Speedee Service System" a secret.
d)
Prevent Ray Kroc from becoming successful.
e)
Wait for a better financial offer.
20.
The text defines an entrepreneur as a person who strongly advocates and correctly practices the concepts and principles of what?
a)
Entrepreneurship
b)
Management
c)
Accounting
d)
Marketing
e)
Capitalism
21.
Which statement best describes the entrepreneurial feature of being a risk-taking venture?
a)
Business risks are inherent and cannot be eliminated, only managed.
b)
Entrepreneurs are gamblers who take reckless chances.
c)
Successful entrepreneurs find ways to completely eliminate all risks.
d)
Only businesses in the tech industry are considered risk-taking.
e)
Risk is a sign of a poorly managed business.
22.
What is the core value proposition the McDonald brothers offered their customers?
a)
Speed, consistency, and a limited, high-quality menu.
b)
A wide variety of customizable food options.
c)
The lowest possible prices for fast food.
d)
A fine-dining experience in a casual setting.
e)
Personalized tableside service.
23.
How did Ray Kroc's management style differ from the McDonald brothers'?
a)
Kroc managed a network of businesses; the brothers were hands-on operators of one store.
b)
Kroc was not involved in the business at all; the brothers worked every day.
c)
The brothers focused on marketing; Kroc focused on kitchen operations.
d)
The brothers wanted to expand rapidly; Kroc wanted to stay small.
e)
Kroc focused on employee satisfaction; the brothers focused on profit.
24.
The development of entrepreneurship through the years is proof that it is an art that:
a)
Continuously evolves and responds to changing needs.
b)
Has remained the same for centuries.
c)
Is based on a single, unchanging theory.
d)
Is only practiced in developed countries.
e)
Is becoming less important over time.
25.
What is the primary goal of an entrepreneurial venture?
a)
To create wealth by providing valuable goods and services.
b)
To generate enough income for the owner to live comfortably.
c)
To replicate the success of other existing businesses.
d)
To operate without taking any financial or business risks.
e)
To achieve fame and public recognition.
26.
What does the term "self-owned" imply in the context of entrepreneurship?
a)
The person managing the daily activities is also the owner.
b)
The business is owned by a single individual and not a corporation.
c)
The business has no debt or external investors.
d)
The owner has personally built the entire business from scratch.
e)
The business has only one physical location.
27.
According to the text, a peddler selling goods in a bus station would be considered:
a)
An ordinary businessperson
b)
An entrepreneur
c)
An intrapreneur
d)
A social entrepreneur
e)
A franchisee
28.
The story of Ray Kroc mortgaging his home to fund the McDonald's franchise is a prime example of:
a)
Risk-taking and perseverance.
b)
Strategic management.
c)
Providing value to customers.
d)
Ethical business practice.
e)
Product innovation.
29.
When an entrepreneur convinces consumers that they gain more benefits than what they pay, they are successfully delivering:
a)
Value
b)
Profit
c)
Revenue
d)
Wealth
e)
Products
30.
What is a defining characteristic of an "ordinary small business" owner?
a)
They do not advocate or practice the concepts of entrepreneurship.
b)
They have a workforce of more than 20 people.
c)
They are always less successful than entrepreneurs.
d)
They operate exclusively in the service industry.
e)
They are not the sole owner of the business.
31.
The constant search for something new and transforming ideas into opportunities is a hallmark of entrepreneurial:
a)
Creativity
b)
Management
c)
Accounting
d)
Marketing
e)
Compliance
32.
Harry Sonneborn's advice to Ray Kroc in "The Founder" highlights the importance of:
a)
Strategic adaptation and finding the right business model.
b)
Sticking to the original business plan no matter what.
c)
Focusing solely on the quality of the product.
d)
Ignoring financial advice from others.
e)
Hiring the best lawyers.
33.
The film "The Founder" serves as a cautionary tale regarding which aspect of entrepreneurship?
a)
The ethical dimension and treatment of partners.
b)
The dangers of expanding a business too quickly.
c)
The risk of investing in the food service industry.
d)
The difficulty of obtaining a bank loan.
e)
The importance of marketing.
34.
What does the principle "not to sell waste to consumers" mean in an entrepreneurial context?
a)
To only sell goods and services that have value to the customer.
b)
To implement a robust recycling program in the business.
c)
To avoid selling products that are close to their expiration date.
d)
To ensure all packaging is biodegradable.
e)
To sell products at a very low profit margin.
35.
Why is knowing entrepreneurial principles not a complete guarantee of success?
a)
Success also requires hard work, perseverance, and execution.
b)
The principles are often wrong and outdated.
c)
Success in business is purely based on luck.
d)
Only people born into wealthy families can succeed.
e)
The principles are too difficult to understand.
36.
Which of the following would be an example of an entrepreneurial venture?
a)
A tech startup that develops a new software to solve a common problem.
b)
A person who buys a franchise and has a corporate team manage it.
c)
A street vendor who sells the same products every day in the same location.
d)
An employee who manages a department in a large corporation.
e)
A government agency that provides public services.
37.
The "Speedee Service System" created by the McDonald brothers is an example of:
a)
Innovation in process
b)
Innovation in product
c)
Innovation in marketing
d)
Innovation in finance
e)
Innovation in management
38.
The fact that entrepreneurial models are influenced by prevailing economic situations in history shows that entrepreneurship is:
a)
Dynamic and context-dependent
b)
Static and unchanging
c)
A modern invention
d)
A field without any theoretical foundation
e)
Universally the same everywhere
39.
What is the relationship between entrepreneurship and creativity?
a)
Entrepreneurship is closely related to creativity, as new ideas are its backbone.
b)
Creativity is not important for an entrepreneur.
c)
Only artists and designers need to be creative.
d)
Entrepreneurship is about logic, not creativity.
e)
Creativity is only useful for marketing.
40.
Ray Kroc's persistence despite rejection from bankers and conflict with partners is a key example of which entrepreneurial trait?
a)
Perseverance
b)
Creativity
c)
Ethical behavior
d)
Risk avoidance
e)
Financial literacy
41.
What is the main difference between wealth and profit as discussed in the text?
a)
Wealth refers to an abundance of assets; profit is an accounting measure of income over expenses.
b)
Wealth and profit are the same thing.
c)
Wealth is measured daily; profit is measured annually.
d)
Only large corporations can generate wealth; small businesses only generate profit.
e)
Wealth is tangible; profit is an abstract concept.
42.
A business is considered "self-owned" when:
a)
The person managing its daily activities is also its owner.
b)
It is passed down through a family.
c)
It has been in operation for over 50 years.
d)
The owner has invested their own money without any loans.
e)
It has no shareholders.
43.
The contrast between the McDonald brothers' values of quality and Ray Kroc's focus on scalability highlights that:
a)
An entrepreneur's values and ethics are crucial to their identity and legacy.
b)
There is only one correct set of values for a successful business.
c)
Financial success is more important than personal values.
d)
Values have no place in the world of business.
e)
All successful businesses must prioritize scalability over quality.
44.
What is the ultimate way to remove risk from an entrepreneurial venture?
a)
To close the venture
b)
To hire a professional risk manager
c)
To buy business insurance
d)
To have a perfect business plan
e)
To secure full funding from investors
45.
In "The Founder", what obstacle did the McDonald brothers' insistence on using real ice cream in their milkshakes represent for Ray Kroc?
a)
An obstacle to growth and scalability due to cost and logistics.
b)
A key selling point that he wanted to promote nationally.
c)
A minor detail that he did not care about.
d)
An opportunity to open a separate ice cream franchise.
e)
A violation of food safety laws.
46.
The term 'SMEs' stands for:
a)
Small and Medium Enterprises
b)
Socially Minded Entrepreneurs
c)
Sales and Marketing Experts
d)
Strategic Management Entities
e)
Standard Macroeconomic Entities
47.
An entrepreneur seeing the potential in an existing idea and executing a plan to expand it is known as being:
a)
Opportunity-driven
b)
Product-driven
c)
Process-driven
d)
Price-driven
e)
Competition-driven
48.
Why must an entrepreneur convince consumers they are getting more benefits than what they pay for?
a)
To create the perception of value, which is essential for attracting and retaining customers.
b)
To justify charging a higher price than competitors.
c)
To comply with consumer protection laws.
d)
To increase the accounting profit on each sale.
e)
To build a strong social media following.
49.
The continuous growth, development, and improvement in entrepreneurship indicates that it is not:
a)
Static or stagnant
b)
Profitable or viable
c)
Difficult or challenging
d)
A popular career choice
e)
A respected profession
50.
What does 'business risk' refer to in the context of the provided material?
a)
The inherent uncertainty and potential for loss in any entrepreneurial venture.
b)
The risk of a competitor stealing a business idea.
c)
The risk of an employee suing the company.
d)
The risk of a natural disaster affecting the business.
e)
The risk of running out of inventory.
51.
The story of The Founder demonstrates that entrepreneurship isn't just about creating something new, but also about:
a)
Seeing the potential in an existing idea and scaling it.
b)
Copying a competitor's business model exactly.
c)
Inheriting a successful family business.
d)
Avoiding all forms of risk.
e)
Having a charismatic personality.
52.
The fact that entrepreneurship is influenced by political and social activities shows that it is:
a)
Dynamic
b)
Scientific
c)
Unchanging
d)
Predictable
e)
Isolated
53.
Which dictionary's definition of wealth is cited in the text?
a)
Random House Webster's Dictionary
b)
Oxford English Dictionary
c)
Merriam-Webster Dictionary
d)
Collins English Dictionary
e)
The dictionary of economics
54.
What is the flaw in equating wealth with profit?
a)
Profit is an accounting measure and doesn't capture the full concept of 'abundance' or wealth.
b)
Profit is always a smaller number than wealth.
c)
Wealth is illegal, but profit is legal.
d)
Only economists understand wealth, while only accountants understand profit.
e)
Profit is taxed, while wealth is not.
55.
Which of the following business practices falls under the concept of intrapreneurship?
a)
Franchising and buyout
b)
Starting a new business from scratch
c)
A sole proprietorship
d)
A non-profit organization
e)
A public-private partnership
56.
The example of the McDonald brothers' hands-on management style illustrates a focus on:
a)
Maintaining high quality and a great customer experience in a single location.
b)
Rapidly expanding the business to multiple cities.
c)
Minimizing costs by automating all kitchen tasks.
d)
Developing a complex and varied menu.
e)
Maximizing advertising spending.
57.
What does Ray Kroc's willingness to use powdered shake mix illustrate about his 'correct practices'?
a)
His focus on efficiency, scalability, and profitability over original product purity.
b)
His lack of knowledge about food quality.
c)
His desire to offer a healthier product to customers.
d)
His attempt to follow the McDonald brothers' rules exactly.
e)
His plan to save money on electricity.
58.
The transformation of McDonald's from a single restaurant to a global corporation is a story about:
a)
Turning a small business into an immense wealth-creating venture.
b)
The failure of a family-owned business.
c)
The importance of sticking to a single, unchanging business plan.
d)
How to create a successful non-profit organization.
e)
The negative impacts of globalization.
59.
What is the fundamental requirement for a business to be considered an entrepreneurial endeavor?
a)
It must be managed by the owner.
b)
It must have a large amount of invested capital.
c)
It must be a restaurant or in the food industry.
d)
It must be located in a major city.
e)
It must be a registered corporation.
60.
The lesson summary states that entrepreneurial concepts are not fixed because they are influenced by:
a)
Changes in the environment, creativity, and innovation.
b)
Strict government regulations.
c)
Ancient traditions passed down through generations.
d)
A secret manual known only to successful entrepreneurs.
e)
The stock market.
61.
What does a 'wealth-creating venture' do for the entrepreneur?
a)
It improves the life of the entrepreneur in multiple aspects (economic, social, etc.).
b)
It guarantees they will become famous.
c)
It provides a steady, but small, income.
d)
It allows them to retire immediately after starting.
e)
It consumes all of their free time.
62.
According to the lesson summary, value is always measured from the perspective of:
a)
The consumers
b)
The entrepreneur
c)
The investors
d)
The competitors
e)
The government
63.
How do entrepreneurs typically handle business risks?
a)
They face the risks and find ways to minimize their effects.
b)
They avoid all risks at all costs.
c)
They eliminate risks completely before starting the business.
d)
They ignore risks and hope for the best.
e)
They transfer all risk to their employees.
64.
What is the initial step in the entrepreneurial process highlighted by the material?
a)
Observing the environment to find opportunities.
b)
Securing a large bank loan.
c)
Hiring at least 20 employees.
d)
Opening a physical store immediately.
e)
Developing a five-year financial plan.
65.
The American Heritage Desk Dictionary defines an entrepreneur as a person who organizes, operates, and assumes the _______ of business ventures.
a)
risk
b)
profit
c)
management
d)
marketing
e)
assets
66.
Why might plain ignorance of fundamental entrepreneurial concepts be detrimental?
a)
It may contribute to the failure of a business endeavor.
b)
It is illegal to start a business without this knowledge.
c)
It will prevent you from getting a business license.
d)
It guarantees that your business will be unprofitable.
e)
It is viewed poorly by potential customers.
67.
The book operationally defines entrepreneurship as the art of observing correct practices in managing and operating a self-owned, ___________ business enterprise.
a)
wealth-creating
b)
non-profit
c)
government-funded
d)
publicly-traded
e)
family-owned
68.
What is the maximum number of employees a 'small business' has, according to the text's definition?
a)
Not more than 20 persons
b)
Exactly 50 persons
c)
At least 100 persons
d)
There is no limit
e)
Fewer than 5 persons
69.
Where can small businesses in the Philippines be found?
a)
Almost anywhere and everywhere.
b)
Only in major metropolitan areas.
c)
Exclusively in public markets.
d)
Only in designated economic zones.
e)
Only in shopping malls.
70.
Joseph Schumpeter, an Austrian economist, gave much emphasis to which concept in entrepreneurship?
a)
Innovation (in product, marketing, and production)
b)
Risk avoidance
c)
Customer service
d)
Financial accounting
e)
Government subsidies
71.
According to Schumpeter, how common are true entrepreneurs?
a)
There are very few among the millions in the population.
b)
Every business owner is an entrepreneur.
c)
Most people have the potential to be entrepreneurs.
d)
Entrepreneurship is a skill that can be easily taught to anyone.
e)
Entrepreneurs are only found in the technology industry.
72.
The term 'enterprise' in the context of the book refers to:
a)
The self-owned business venture of an entrepreneur.
b)
Any large, multinational corporation.
c)
A government agency.
d)
A non-profit organization.
e)
A temporary project.
73.
What is the main purpose of understanding the correct meaning of entrepreneurship?
a)
To build a strong foundation and dispel doubts and misconceptions.
b)
To pass the final exam in an entrepreneurship class.
c)
To be able to criticize unsuccessful business owners.
d)
To learn how to avoid paying business taxes.
e)
To guarantee success in one's own business.
74.
Ray Kroc's statement, "You're not in the burger business; you're in the real estate business," reflects a change in:
a)
Strategic Management
b)
Ethical Standards
c)
Customer Value
d)
Product Innovation
e)
Marketing Slogan
75.
What did the McDonald brothers' initial business model provide that traditional drive-ins did not?
a)
A revolutionary solution to long wait times and poor service.
b)
A wider selection of menu items.
c)
Live entertainment for customers.
d)
Personalized car-side service from waiters.
e)
The lowest prices in town.
76.
The constant financial hardship Ray Kroc endured in the early years is an example of the challenges related to:
a)
Risk-taking
b)
Innovation
c)
Ethics
d)
Management
e)
Marketing
77.
What is the primary lesson from the film regarding franchising, as practiced by Ray Kroc?
a)
It is a tool for massive and rapid scaling of a successful concept.
b)
It is a business model that guarantees failure.
c)
It only works for food-based businesses.
d)
It is an unethical way to conduct business.
e)
It removes all risk for the franchisor.
78.
A business where the owner hires a general manager to run all daily activities is not considered an entrepreneurial venture because:
a)
It is not managed by the owner.
b)
It is not profitable.
c)
It is not a registered company.
d)
It is not providing value.
e)
It is too large.
79.
When does a product or service become 'valuable' to a consumer?
a)
When the consumer gets additional benefits from using it.
b)
When the product is sold at the lowest possible price.
c)
When the product has been advertised during the Super Bowl.
d)
When the product is endorsed by a celebrity.
e)
When the seller makes a large profit on it.
80.
The book states that the relationship between an entrepreneur and entrepreneurship is like that of:
a)
A manager and management
b)
A doctor and medicine
c)
A painter and a painting
d)
A chef and a restaurant
e)
A pilot and an airplane
81.
What does the evolutionary process in entrepreneurship, driven by creativity and innovation, lead to?
a)
The opening of new entrepreneurial ventures.
b)
The end of traditional business practices.
c)
A decrease in the number of small businesses.
d)
A less competitive marketplace.
e)
Higher prices for consumers.
82.
The fact that an economist and an accountant have different perspectives on wealth illustrates that:
a)
Wealth can be measured in different ways.
b)
Accountants do not understand the concept of wealth.
c)
Economists are better at creating wealth.
d)
Wealth is a subjective and meaningless term.
e)
Only business owners can define wealth.
83.
The phrase "Art of correct practices" implies that entrepreneurship involves:
a)
Skillful application of principles that adapt to changing situations.
b)
Following a strict set of unchangeable rules.
c)
A talent that one must be born with.
d)
Ignoring traditional business practices altogether.
e)
Memorizing financial formulas.
84.
Why can a franchisee, who owns a store but must follow corporate rules, be seen as operating under intrapreneurship rather than entrepreneurship?
a)
They are managing the business within a system created and controlled by someone else.
b)
They do not take on any financial risk.
c)
They are not considered the legal owners of their store.
d)
They do not have to interact with customers.
e)
They do not earn any profit.
85.
The core idea of an entrepreneurial venture is to transform new ideas into:
a)
Entrepreneurial opportunities
b)
Academic theories
c)
Guaranteed profits
d)
Stable, unchanging businesses
e)
Corporate policies
86.
In "The Founder," the initial franchising model was a financial failure for Kroc because:
a)
It was based on the wrong revenue stream (a small percentage of food sales).
b)
The franchisees were not following the system correctly.
c)
The McDonald brothers were actively sabotaging his efforts.
d)
There was no demand for McDonald's outside of California.
e)
The cost of ingredients was too high.
87.
What does Ray Kroc's adoption of the real estate model demonstrate about risk?
a)
Taking calculated, massive risks can lead to massive rewards.
b)
Entrepreneurs should always choose the least risky path.
c)
Real estate is the only industry where risk pays off.
d)
Risk is a one-time event at the start of a business.
e)
Successful businesses have no risk.
88.
The ultimate financial success of McDonald's Corporation under Ray Kroc was built on:
a)
A steady, massive revenue stream from leasing land to franchisees.
b)
Selling more hamburgers than any other restaurant.
c)
Charging the highest franchise fees in the industry.
d)
Creating a diverse menu with hundreds of items.
e)
Aggressive television advertising.
89.
What is the final lesson from "The Founder" regarding an entrepreneur's legacy?
a)
It is defined by both business success and ethical standards.
b)
It is defined solely by how much wealth they created.
c)
It is forgotten as soon as the company is sold.
d)
It is only important to the entrepreneur's family.
e)
It is determined by the stock market.
90.
The statement "Health is wealth" is used in the text as an example of:
a)
A maxim that does not represent the concept of wealth in entrepreneurship.
b)
The core principle of entrepreneurial wealth.
c)
A reminder for entrepreneurs to take care of their physical health.
d)
A marketing slogan for a health-food business.
e)
An outdated economic principle.
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