Fundamentals of Entrepreneurship Flashcards (10 cards)

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1Question

Entrepreneurship — definition?

Answer

Process of creating, managing ventures with innovation and risk.

2Question

Entrepreneurial Traits — key?

Answer

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

3Question

Types of Entrepreneurship — examples?

Answer

Small business, scalable startup, social, intrapreneurship.

4Question

Entrepreneurship — definition?

Answer

Designing, launching, managing new ventures.

5Question

Entrepreneur — role?

Answer

Initiates and operates new businesses.

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.

Test yourself with the quiz

Answer 10 questions on Fundamentals of Entrepreneurship.

1. What does entrepreneurship primarily refer to?

2. According to the content on entrepreneurial traits, which trait is defined as the capacity to recover quickly from setbacks, adapt to change, and keep pursuing goals despite difficulties?

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