Sample Exam Questions Innovation and Entrepreneurship
Sample Exam Questions Innovation and Entrepreneurship
Sample Exam Questions Innovation and Entrepreneurship
An entrepreneur creates new business in the face of risk and uncertainty for the purpose of
achieving profit and growth by identifying ...
a) Products
b) People
c) Opportunities
d) Jobs
Which one of the following statements is not (!) a valid reason why small businesses are
important to a country’s economy
a) They tend to keep salaries small
b) They can provide specialist support to larger companies
c) They can be innovators of new products
d) They provide competition to large companies
Open question