Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

Entrepreneurship > Chapter 1- Origin Of Entrepreneurship > Flashcards

Chapter 1- Origin Of Entrepreneurship Flashcards

1
Q

Entrepreneurship came from the French word “______” which means to undertake.

A

Entreprendre

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

For him entrepreneurship meant the ability to create something from practically nothing.

A

Donald F. Kuratko

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

For him entrepreneurship meant the creation of an innovative economic organization.

A

Marc J. Dollinger

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

It is defined as making the world forever new. Taking aggressive actions.

A

Entrepreneurship

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Creation of wealth under conditions of risk:
CNB
MaEB
CNU, U, UoaP

A
  • Creating New Business
  • Modifying an existing business
  • Creating new uses, users, usage of a product
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Create an entirely new Industry

A

New Concept or New Business

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Old concepts but there is something new or different or better which is a result of creativity.

A

Existing Concept or Different Approach

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

A person who relentlessly pursues an opportunity.

A

Entrepreneur

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

An economically attractive and timely opportunity that creates value for both prospective customers and for firm owners.

A

Entrepreneurial Opportunity

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Businesses with phenomenal opportunity for growth.

A

Gazelles

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

2 Forms of Entrepreneurship

A

Social Entrepreneurship and Business Entrepreneurship

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Any creative and innovative solution applied to solve social problems.

A

Social Entreprenership

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

The bottom line of Social Entrepreneurship

3P’s

A

People, profit, planet

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Keeps the Sense of Mission alive as you grow.

A

Business Entrepreneurship

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

A sequence of activities that the entrepreneur must master to succeed.

A

MSEE Approach

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Achievement Clusters

DCORP

A 
Demand for efficiency and quality
Commitment to the work contract
Opportunity Seeking
Risk taking Abilities
Persistence
17
Q

Planning Cluster

GIS

A

Goal Setting Abilities
Information Seeking Abilities
Systematic Planning and Monitoring Skills

18
Q

Power Cluster

PS

A

Persuasion and Networking Abilities

Self Confidence

19
Q

Business Development Cycle

NCGMD

A 
New Product Development
Commercialization
Growth
Maturity
Decline
20
Q

II. Mastery of the Environment: Seek Opportunities

CoI, UNaW, ToH, TD, PoEoSCA

A 
Complaints or Irritants
Unserved Needs and Wants
Talents or Hobbies
Technological Developments
Political or Economic or Socio Cultural Aspcts

Entrepreneurship (1 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions