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30 seconds
1 pt
Entrepreneurs are people that notice opportunities and take the initiative to mobilize resources to make new goods and services.
True
False
Multiple Choice
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30 seconds
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Intrapreneurs also notice opportunities and take initiative to mobilize resources, however they work in large companies and contribute to the innovation of the firm.
True
False
Multiple Choice
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30 seconds
1 pt
Entrepreneurs are Made, Not Born!
True
False
Multiple Choice
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30 seconds
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A step-by-step outline of how an entrepreneur or the owner of an enterprise expects to turn ideas into reality.
Business Plan
Outcome
Output
Multiple Choice
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True
False
Multiple Choice
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New industries are born when technological change produces a new opportunity that an enterprising entrepreneur seizes.
True
False
Multiple Choice
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30 seconds
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Entrepreneur is derived from the French "_________, meaning “to undertake.”
entreprendre
entrepinde
Market
Multiple Choice
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The entrepreneur is one who undertakes to organize, manage, and assume the risks of a business.
True
False
Multiple Choice
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A dynamic process of vision, change, and creation.
Entrepreneurship
Entrepreneur
Intrapreneur
Multiple Choice
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It is the process by which entrepreneurs convert opportunities into marketable ideas.
Innovation
Successful
Ideas
Multiple Choice
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It is a combination of the vision to create a good idea and the perseverance and dedication to remain with the concept through implementation.
Innovation
Ideas
Vision
Multiple Choice
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It is a key function in the entrepreneurial process.
Innovation
Process
Promotion
Multiple Choice
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Totally new product, service, or process
Invention
Expansion
Evolution
Multiple Choice
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New use or different application of an already existing product, service, or process
Extension
Evolution
Procedures
Multiple Choice
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30 seconds
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Creative replication of an existing concept
Duplication
Extension
Innovation
Multiple Choice
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30 seconds
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Combination of existing concepts and factors into a new formulation or use
Synthesis
Innovation
Extension
Multiple Choice
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30 seconds
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______ whose goal is to create or capitalize on new economic opportunities through innovation En
Person
Animals
Robot
Multiple Choice
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30 seconds
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______ through which entrepreneurs create and grow enterprises
Process
Creation
Modified
Multiple Choice
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30 seconds
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______ where significant economic and social entrepreneurial activity exists within an effective system of public and private supportEn
Community
Buyer
Place
Multiple Choice
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30 seconds
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Skunkworks = Islands of intrapreneurial activity within an organization.