Entrepreneurship

Question 1

It sees what others have overlooked and takes action where others have hesitated. It is also a risk-taker with a business idea.

Answer 1

Entrepreneur

Question 2

It is a French word that means to undertake.

Answer 2

Entreprendre

Question 3

It is the process by which individuals pursue opportunities without regard to the resources they currently control.

Answer 3

Entrepreneurship

Question 4

According to him, entrepreneurship means having profits from bearing uncertainty and risk.

Answer 4

Knights (1921)

Question 5

According to them, entrepreneurship is an activity that involves the discovery, evaluation, and exploitation of opportunities to introduce new goods and services, and ways of organizing efforts that previously had not existed.

Answer 5

Shane (2003)

Question 6

According to them, entrepreneurship is a dynamic process of vision, change, and creation that requires the application of energy and passion toward the creation and implementation of new ideas and creative solutions.

Answer 6

Kuratko (2009)

Question 7

It is some business structure/object that usually carries out some commercial activity, creates new job positions, and gains some profits.

Answer 7

Enterprise

Question 8

It is a type of entrepreneur who puts technology at the core of his or her business model.

Answer 8

Technopreneur

Question 9

A type of entrepreneur who takes advantage of the country’s social problems and turns them into profitable institutions. With the intention of helping the disadvantaged community rather than making a profit.

Answer 9

Social Entrepreneur

Question 10

Extrapreneur is an employee in a large company or corporation who is tasked to think, establish, and run a new big idea or project about business. (True or False)

Answer 10

False

Question 11

An intrapreneur is an entrepreneur who hops from one company to another to act as an innovation champion, providing creative and efficient solutions. (True or False)

Answer 11

False