INTRODUCTION TO ENTREPRENEURSHIP
TYPES OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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For an entrepreneur, wealth creation is often fast and speedy.
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Answer: It’s an aspiration of an entrepreneur to succeed, but the game is set up so that getting rich is not the statistically normal thing for an entrepreneur to do. So your question is rather like the question : “why do sprinters win races?”.
Detailed explanation-2: -Wealth Creation and Sharing: By establishing the business entity, entrepreneurs invest their own resources and attract capital (in the form of debt, equity, etc.) from investors, lenders and the public. This mobilizes public wealth and allows people to benefit from the success of entrepreneurs and growing businesses.
Detailed explanation-3: -Answer: Entrepreneurial ventures help generate new wealth.
There is 1 question to complete.