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SOCSC 12 > Types of Entrepreneurs > Flashcards

Types of Entrepreneurs Flashcards

1
Q

What are the shared traits between entrepreneur and intrapreneur

A

Leadership
Adaptability
Intelligence
Emotional Intelligence

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2
Q

To be able to motivate other people to work towards the same goal

A

Emotional Intelligence

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3
Q

This is a critical element of being successful as ab entrepreneurs or intrapreneur

A

Adaptability

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4
Q

Who introduces the types of Entrepreneurs

A

Clarence Dahof

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5
Q

This category of entrepreneurs is characterized hy innovativeness

A

Innovative Entrep.

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6
Q

Refers to those who introduce new combinations of factors of production

A

Innovative Entrep.

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7
Q

This category of entrepreneurs visualizes the opportunity and introduces novel ideas, combinations into the production process

A

Innovative Entrep.

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8
Q

They may develop new ideas, conceots, application of new technology, and find new markets

A
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9
Q

This set of entrepreneurs adopts and imitate the innovatuons and vusiness policies introduced by the innovative entrepreneurs

A

Imitative Entrep.

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10
Q

Also referred to as adoptive entrepreneurs. These types of entrepreneurs imitate the entrepreneurs and follow similar entrepreurial pursuit.

A

Imitative Entrep.

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11
Q

They imitate the technology and method that are found successful

A

Imitative Entrep.

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12
Q

Significantly contribute in the growth of enterprise in developing countries

A

Imitative Entrep.

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13
Q

Imitate other innovations only when they are certain that failure to do so woulb be detrimental for their business

A

Fabian Entrep.

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14
Q

They are very mucb doubtful and skeptic in their approach towards adopting nee technology or trade

A

Fabian Entrep

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15
Q

This set of entrepreneurs is not dynamic and adaptive

A

Fabian Entrep

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16
Q

They are often cautious about their moves

A

Fabian Entrep

17
Q

Refer to the type of entrepreneurs who are very traditonal, orthodox and conservative outlook

A

Drone Entrep.

18
Q

They are very keen in retaining their traditional business and traditionak machinery or systems of the business

A

Drone Entrep.

19
Q

They are contented with their existing technology of production despite of changes in the business environment and society.

A

Drone Entrep.

20
Q

Reluctant to adopt the changes

A

Drone Entrep.

SOCSC 12 (4 decks)

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