Which type of entrepreneurship involves creating and operating a business primarily for the lifestyle benefits it provides to the owner?
Serial entrepreneurship
Social entrepreneurship
Lifestyle entrepreneurship
Corporate entrepreneurship
Correct Answer :
C. Lifestyle entrepreneurship
Related Questions
Which legal form of business provides the most personal liability protection for its owners?
Sole proprietorship
Partnership
Limited liability company (LLC)
Corporation
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Minimum Viable Product
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Risk aversion
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Patent
Copyright
Trademark
Trade secret
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Outsourcing
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Red Cross
Microsoft
Coca-Cola
Apple Inc.
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Gross Domestic Product (GDP)
Net Profit Margin
Return on Investment (ROI)
Cost of Goods Sold (COGS)
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Serial entrepreneur
Social entrepreneur
Lifestyle entrepreneur
Corporate entrepreneur
What is the term for the process of introducing a new product or service to the market?
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Product launch
Market expansion
Market penetration
Which type of entrepreneurship involves creating and operating a business primarily for the lifestyle benefits it provides to the owner?
Serial entrepreneurship
Social entrepreneurship
Lifestyle entrepreneurship
Corporate entrepreneurship
Which of the following is NOT a common method of market entry for international expansion?
Franchising
Licensing
Insourcing
Joint venture
What is the term for the process of bringing together people, capital, and resources to start and run a business?
Incubation
Formation
Entrepreneurship
Aggregation
What is the term for a group of individuals who work together to develop and launch a business venture?
Syndicate
Cooperative
Consortium
Team
What is the term for a legally recognized entity that separates the personal assets of the owners from the business assets?
Sole proprietorship
Partnership
Limited liability company (LLC)
Corporation
What is the term for a detailed plan that outlines a company's goals and the strategy for achieving them?
Business model
Marketing plan
Business plan
Financial statement
What is the term for the process of bringing a product or service to market faster than competitors?
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Rapid prototyping
Agile development
Market segmentation
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Perseverance
Creativity
Risk aversion
Adaptability
What is the term for a legal form of business in which there is one owner who has unlimited personal liability?
Corporation
Partnership
Sole proprietorship
Limited liability company (LLC)
Which type of market research involves gathering information directly from people through surveys or interviews?
Primary research
Secondary research
Qualitative research
Quantitative research
What is the term for the process of determining the worth of a business or an asset?
Valuation
Appraisal
Pricing
Estimation
What is the term for a legal form of business where the owner has limited liability?
Sole proprietorship
Partnership
Corporation
Limited liability partnership
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Social entrepreneurship
Corporate entrepreneurship
Serial entrepreneurship
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Idea refinement
Business planning
Opportunity recognition
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Mentor
Investor
Co-founder
Partner
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A multinational corporation
A small family-owned bakery
A government agency
A non-profit organization
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Disruptive
Radical
Incremental
Breakthrough
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Business plan
Partnership agreement
Memorandum of understanding (MOU)
Articles of incorporation
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Pilot phase
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Proof of concept phase
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Analyzing the movement of money in and out of a business
Calculating the net worth of a business
Estimating future sales revenue