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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is the main role of an entrepreneur?
💡 Hint: Think about the different resources involved in production.
Question 2
Easy
Name one reward that an entrepreneur receives.
💡 Hint: Consider what happens when a business earns more than it spends.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What does an entrepreneur do?
- Combines land
- labor
- and capital
- Only manages a business
- Creates policies
💡 Hint: Think about the definition of an entrepreneur.
Question 2
An entrepreneur is not responsible for innovation. True or False?
- True
- False
💡 Hint: Reflect on what entrepreneurs do besides managing the business.
Solve and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Design a business model for a startup company. What resources will you combine, what risks might you face, and how will you innovate?
💡 Hint: Consider both internal and external factors that can influence your business.
Question 2
In a real-world scenario, compare the entrepreneurial approaches of two different industry leaders. What successes or failures did they experience based on their risk-taking?
💡 Hint: Focus on how each entrepreneur managed their resources and handled challenges.
Challenge and get performance evaluation