ENT101 Exam Questions and Answers 100% Pass

ENT101 Exam Questions and Answers
100% Pass


1. What is entrepreneurship? -

[ANSWER]: entrepreneurship signifies the promotion of innovative

high risk projects that contribute to economic efficiency and growth




QUESTION: 1. What is an entrepreneur -

[ANSWER]: A person who organizes, manages, and takes on the risks

of a business.




QUESTION: 1. What is the Macro and Micro view in regards to

"Schools of Thought" -

[ANSWER]: The Macro view looks at external influences (non-

controllable) like social, cultural, and financial factors. The Micro view

looks at internal influences (controllable) that drives the entrepreneur.

, QUESTION: 1. What would be an example of the inputs and

outcomes of the integrative approach -

[ANSWER]: Input - person who takes risk

Output - successful venture that creates benefit




QUESTION: 1. What is the dynamic states approach dependent on -

[ANSWER]: The contextual environment




QUESTION: 2. What is unique about the pacific approach to business

-

[ANSWER]: it is relationship based - w each other, environment, ocean,

etc.




QUESTION: 2. What is similar about Pacific approach to business

compared to European/US styles -

[ANSWER]: