4 Written questions
3 Multiple choice questions
- a person who values uncertainty in the marketplace and seeks to continuously identify opportunities with the potential to lead to important innovations.
- 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.
- are conditions in which new goods or services can satisfy a need in the market.
3 True/False questions
Imitation → is the adoption of a similar innovation by different firms.
Invention → is the adoption of a similar innovation by different firms.
Strategic entrepreneurship → is the use or application of entrepreneurship within an established firm.