Entreprenuership

Question 1

“ having _____ from bearing uncertainty and risk”

Answer 1

PROFITS

Question 2

“ ________ bearing coordination of productive resources”

Answer 2

UNCERTAINTY

Question 3

“______ activity to initiate and develop a profit-oriented business”

Answer 3

PURPOSEFUL

Question 4

“ taking _______ risk”

Answer 4

Moderate

Question 5

“It is a kind of _______”

Answer 5

BEHAVIOR

Question 6

”decision and judgments about the coordination of _______ resources”

Answer 6

SCARCE

Question 7

“ the process of creating _______ wealth”

Answer 7

INCREMENTAL

Question 8

“ creation of new __________”

Answer 8

ORGANIZATIONS

Question 9

“ ________ of creating something new”

Answer 9

PROCESS

Question 10

“ pursuit of ________ without regard to resources currently controlled”

Answer 10

OPPORTUNITY

Question 11

“ ______ process of vision, change, creation”

Answer 11

DYNAMIC

Question 12

“ ________ an opportunity to offer new or improved goods and services”

Answer 12

CONCEIVING

Question 13

“ its foundation lies in ________ and theory rather than in intuition

Answer 13

CONCEPT

Question 14

“ carrying out new _________ of firm organization”

Answer 14

COMBINATIONS

Question 15

“ introductions of innovation and provision of ________”

Answer 15

CAPITAL

Question 16

SME’s account for developed countries

Answer 16

50%

Question 17

one of entrepreneurship’s mechanism that focuses on the whole process of the
business

Answer 17

OPERATIONS

Question 18

mechanism in entrepreneurship that focus on product and service selling

Answer 18

SALES

Question 19

part of entrepreneurship’s mechanism that involves in promoting the institution’s
product and services

Answer 19

MARKETING

Question 20

the earliest form of entrepreneurship

Answer 20

BARTER SYSTEM

Question 21

it is seen as one of the key engines of economic growth

Answer 21

ENTREPRENEURSHIP

Question 22

foundation and catalyst for economic growth and innovation

Answer 22

ENTREPRENEURSHIP

Question 23

are concrete manifestations of
entrepreneurship

Answer 23

SMALL AND MEDIUM ENTERPRISES (SME’s)

Question 24

SME’s account for developing countries

Answer 24

90%

Question 25

FRANK H. KNIGHT’S YEAR OF INFLUENCE

Answer 25

1921

Question 26

JOSEPH SCHUMPETER’S YEAR OF INFLUENCE

Answer 26

1934

Question 27

BERT F. HOSELITZ’S YEAR OF INFLUENCE

Answer 27

1952

Question 28

GEORGE DOUGLAS HOWARD COLE’S YEAR OF INFLUENCE

Answer 28

1959

Question 29

HAROLD SHAPERO’S YEAR OF INFLUENCE

Answer 29

1975

Question 30

DAVID MCCLELLAND’S YEAR OF INFLUENCE

Answer 30

1961

Question 31

MARK CASSON’S YEAR OF INFLUENCE

Answer 31

1982

Question 32

ROBERT RONSTADT’S YEAR OF INFLUENCE

Answer 32

1984

Question 33

PETER F. DRUCKER’S YEAR OF INFLUENCE

Answer 33

1985

Question 34

WILLIAM B GARTNER’S YEAR OF INFLUENCE

Answer 34

1985