Flashcards: Fundamentals of Entrepreneurship — 10 cards

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1Question

Entrepreneurship — definition?

Answer

Process of creating, managing ventures with innovation and risk.

2Question

Entrepreneurship — definition?

Answer

Designing, launching, managing new ventures.

3Question

Entrepreneurial Traits — key?

Answer

Risk-taking, resilience, vision, passion, adaptability, innovativeness.

4Question

Entrepreneur — role?

Answer

Initiates and operates new businesses.

5Question

Types of Entrepreneurship — examples?

Answer

Small business, scalable startup, social, intrapreneurship.

6Question

Innovation — role?

Answer

Core driver of entrepreneurship.

7Question

Risk-taking — characteristic?

Answer

Willingness to face uncertain outcomes.

8Question

Types of entrepreneurship — examples?

Answer

Small business, scalable startup, social ventures.

9Question

Entrepreneurial process — steps?

Answer

Idea, analysis, planning, funding, execution.

10Question

Market research techniques — purpose?

Answer

Understand market needs and conditions.

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Test your knowledge with 10 questions on Fundamentals of Entrepreneurship.

1. What does entrepreneurship primarily refer to?

2. What is the primary focus of entrepreneurship as defined in the course outline?

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