Review Questions

Review Questions

1.

Why is interest in entrepreneurship growing among those entering or re-entering the workforce?

2.

What is an entrepreneurial mindset?

3.

What does the phrase “entrepreneurial venture” refer to?

4.

What does the process of “cash management” entail for a business?

5.

Why is the entrepreneurial process considered a fluid process rather than a rigid step-by-step guide?

6.

What does the term “creative destruction” mean?

7.

What is the difference between a corporate entrepreneur and an intrapreneur?

8.

What are situational opportunities?

9.

What does an entrepreneurial journey entail?

10.

Under which circumstances might a person choose to bootstrap a venture?

11.

What is an independent contractor?

12.

What does the term “framework” mean in terms entrepreneurship?

13.

What is an action plan? How is it different from a framework?

14.

Why are action plans useful in the development or improvement of a venture?

15.

What are the characteristics associated with traditional entrepreneurship?

16.

What are some biases that minorities and women face in acquiring funding?