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Which of the Following Is True

question 47

Multiple Choice

Which of the following is true?


Definitions:

Entrepreneurship

The process of designing, launching, and running a new business, which typically starts as a small business, such as a startup company.

Entrepreneur

An individual who initiates, manages, and assumes the risks of a business or enterprise, aiming for economic profits.

Entrepreneurial Ability

The unique set of skills, insights, and attitudes necessary to identify opportunities and mobilize resources effectively to establish and grow a venture.

Passive Resources

Resources that are not actively managed but contribute to production or value through their existence or inherent attributes.

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