ENT209 Tma Solutions

ENT209

Question: believes that entrepreneurs are primarily motivated by an atavistic will to power, will to found a private kingdom or will to conquer.
Answer: Joseph Schumpeter

Question: In the early 16th century the Frenchmen who organized and led military expeditions were referred to as
Answer: entrepreneurs

Question: According to the , social sanctions, cultural values and role expectations are responsible for the emergence of entrepreneurship.
Answer: sociologists

Question: The word entrepreneurship descends from the French word
Answer: entreprendre

Question: According to , it is the high need for achievement which drives people towards entrepreneurial activities.
Answer: McClelland

Question: The term entrepreneur seems to have been introduced into economics by
Answer: Cantillon

Question: According to , an entrepreneur is the economic agent who unites all means of production; land of one, the labour of another and the capital of yet another and thus produces a product.
Answer: J.B. Say

Question: The‭ ‬sees an entrepreneur as someone who is being driven by certain forces that are mainly internal, personal attributes and traits.
Answer: psychologist

Question: at the beginning of the 20th century, separated the capitalistic role from entrepreneurship and argued that entrepreneurs were sociologically distinct individuals.
Answer: Joseph Schumpeter

Question: According to , entrepreneurship is most likely to emerge when a society has sufficient supply of individuals possessing particular psychological characteristics.
Answer: psychologists

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