Practice Definition - 27.4.1 | 27. Entrepreneurship and Innovation Management | Management 1 (Organizational Behaviour/Finance & Accounting)
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Definition

27.4.1 - Definition

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Practice Questions

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Question 1 Easy

What is entrepreneurship?

💡 Hint: Think about the connection between need and business.

Question 2 Easy

Why is entrepreneurship important?

💡 Hint: Consider how businesses affect employment.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is one key aspect of entrepreneurship?

Identifying a market need
Avoiding risks
Minimizing competition

💡 Hint: Focus on how businesses are developed.

Question 2

True or False: Innovation is only related to technology.

True
False

💡 Hint: Consider the broader applications of innovation.

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Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Design a basic business model for a tech startup that addresses a daily commuting issue.

💡 Hint: Think about transportation apps or shared mobility services.

Challenge 2 Hard

Analyze a successful startup and evaluate how entrepreneurship principles were applied in its growth.

💡 Hint: Consider companies you know well.

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