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4 Written questions

3 Multiple choice questions

  1. a person who values uncertainty in the marketplace and seeks to continuously identify opportunities with the potential to lead to important innovations.
  2. 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.
  3. are conditions in which new goods or services can satisfy a need in the market.

3 True/False questions

  1. Imitationis the adoption of a similar innovation by different firms.

          

  2. Inventionis the adoption of a similar innovation by different firms.

          

  3. Strategic entrepreneurshipis the use or application of entrepreneurship within an established firm.

          

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