ENT204 Solutions

ENT204 Tma Solutions

1. To Cantillon, entrepreneurship was self employment with an uncertain return by the early _____

1975s

1950s

—>> 1900s

1800s

2. Substantial disagreement concerns the concept of entrepreneurship and the individual who is called an _____

—>> entrepreneur

technopreneur

investment

Business ideal

3. Entrepreneurs act on their ideas because they have a high need for _____

goal attainment

success

fulfillment

—>> achievement

4. _____ are confident in their abilities and the business concept.

Investors

—>> Entrepreneurs

Business partner

Money Lender

5. _____ often see things in a holistic sense; they can see the big picture when others see only the parts.

Investors

business man

—>> Entrepreneurs

Money Lender

6. The entrepreneur must have more than a casual interest in the business because he or she must overcome many hurdles and _____

hurdles

—>> obstacles

challenges

problems

7. _____ points out that the psychology and behavior of the entrepreneur may change as the business evolves.

—>> Michael Morris

Micheal Johnson

James Bond

Micheal Marvelli

8. Michael Moms states that early definitions of entrepreneurs were developed by _____

commerce

socialist

investors

—>> economists

9. Entrepreneurs are often perfectionists, and striving for excellence, or _____

—>> perfection

success

fulfillment

achievement

10. _____ is a process activity. It generally involves the following inputs, an opportunity

—>> Entrepreneurship

Business

Management

Industrialist

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