NAF Entrepreneurship Study Guide Exam Questions & Answers 2023/2024
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Course
NAF Entrepreneurship
Institution
NAF Entrepreneurship
NAF Entrepreneurship Study Guide Exam Questions & Answers 2023/2024
entrepreneur - ANSWER-A person who—by starting a new business, creating a new product, or revitalizing an existing business or product—takes initiative in business, organizes and manages business resources and operations, ...
NAF Entrepreneurship Study Guide
Exam Questions & Answers 2023/2024
entrepreneur - ANSWER-A person who—by starting a new business, creating a new product, or
revitalizing an existing business or product—takes initiative in business, organizes and manages business
resources and operations, and assumes the risks of the business.
entrepreneurship - ANSWER-The practice of starting new organizations or revitalizing mature
organizations, particularly new businesses, generally in response to identified opportunities. Also, the art
or science of innovation and risk taking for profit in business; the quality of being an entrepreneur.
taxonomy - ANSWER-A categorized list of words related to a particular topic.
common sense - ANSWER-Good judgment based on the perception of a situation or the facts presented.
creativity - ANSWER-The ability to generate innovative ideas and manifest them from thought into
reality.
entrepreneur - ANSWER-A person who—by starting a new business, creating a new product, or
revitalizing an existing business or product—takes initiative in business, organizes and manages business
resources and operations, and assumes the risks of the business.
entrepreneurship - ANSWER-The practice of starting new organizations—particularly new businesses—or
revitalizing mature organizations, generally in response to identified opportunities. Also, the art or
science of innovation and risk taking for profit in business; the quality of being an entrepreneur.
interests - ANSWER-Diversions that occupy one's time and thoughts.
leadership - ANSWER-The ability to inspire others to share a vision or to provide support in the
accomplishment of a given task.
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