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4 Written questions

3 Multiple choice questions

  1. are individuals, acting independently or as part of an organization, who perceive an entrepreneurial opportunity and then take risks to develop an innovation to exploit it.
  2. the process by which individuals, teams, or organizations identify and pursue entrepreneurial opportunities without being immediately constrained by the resources they currently control.
  3. is the use or application of entrepreneurship within an established firm.

3 True/False questions

  1. Entrepreneurial opportunitiesare conditions in which new goods or services can satisfy a need in the market.

          

  2. Entrepreneurial mind-setthe process by which individuals, teams, or organizations identify and pursue entrepreneurial opportunities without being immediately constrained by the resources they currently control.

          

  3. Innovationis the process of creating a commercial product from an invention.

          

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