Entrepreneurship – Test 3

The word entrepreneur is derived from the French word-

The word entrepreneur has a ______origin.

______ is defined as the process of making money, earning profits and increasing the wealth while posing characteristic such as risk taking, management, leadership and innovation.

The concept of entrepreneurship was first established in the –

Which of the following shows the process of creating something new?

_______ has rightly been identified with the individual, as success of enterprise depends upon imagination, vision, innovativeness and risk taking.

In the 20th century, economist______focused on how the entrepreneur’s drive for innovation and improvement creates upheaval and change.

Which statement is not true for entrepreneurs?

Who viewed entrepreneurship as a force “creative destruction”?

Which of the following is considered to be myth associated with entrepreneurship?

According to whom “The entrepreneurship is essentially a creative activity or it is an innovative function”?

Which of the following is the process of entrepreneurs developing new products that over time make current products obsolete?

Entrepreneurship is ________

Research indicates that most successful entrepreneurs share certain personal attributes, including:………

Which of the following is not a personal characteristic often found in an entrepreneur?

Which of the following is not considered a common characteristic of an entrepreneur?

Research indicates that most successful entrepreneurs certain personal attributes, including ………

Which of the following is characteristic(s) of an entrepreneur?

Which of the following is characteristic(s) of an entrepreneur?

“What a man can be, he must be. This need we call self actualization .” This said by ……

Which of the following are risks for entrepreneurs in small business?

Which of the following is not a common motivation of an entrepreneur?

Common reasons for entrepreneurial failure include all but which one of the following?

Why should an entrepreneur do a feasibility study for starting a new venture?

…… comes in a close second and is content with the personal satisfaction of simply being a business owner. It is derived from being optimistic.