Bdi3c Entreprenurship Quiz #1

Terry Fox displayed all the characteristics of an entrepreneur but was really an enterprising person. He did not run his marathon for personal profi but rather for the common good.

Intrapreneurship refers to the entrepreneurial activities that take place within an existing organization. It involves employees who exhibit an entrepreneurial mindset and take initiative to innovate, create new products or services, and drive change within the company. Intrapreneurship encourages employees to think and act like entrepreneurs, taking risks and seizing opportunities to generate value and drive growth for the organization. This term is used to distinguish entrepreneurship within an organization from entrepreneurship in the traditional sense, which involves starting a new business or venture.

An enterprising employee is someone who is willing to take risks and is motivated by career growth. This type of employee is not concerned about job security and is more likely to stay with one company for a longer period of time. They are proactive, innovative, and constantly seeking new opportunities for advancement.

The correct answer is Simple, Measurable, Achievable, Realistic, Timely

The correct answer is For-Profit/Not-for-Profit, Large Scale/Small Scale, Physical/Virtual, Service Production/Goods Production. This is because most ventures can be categorized as either for-profit or not-for-profit, depending on their primary goal of making money or serving a social cause. Ventures can also be classified based on their scale, whether they are large-scale operations or small-scale businesses. Additionally, ventures can be categorized based on their physical presence or virtual nature, depending on whether they have a physical location or operate solely online. Finally, ventures can be classified based on the type of production they engage in, whether they produce goods or provide services.

An agent of change is someone who intentionally or unintentionally causes social, cultural, and behavioral change. This means that they have the power to influence and bring about shifts in society, culture, and individual behavior. It does not include physical or technological change, as these refer to changes in the physical environment or advancements in technology rather than changes in social or cultural aspects. Therefore, the correct answer is social change, cultural change, and behavioral change.

NAFTA stands for North American Free Trade Agreement, which is an agreement that outlines which goods and services can travel easily between countries and which ones will have a tariff or tax included. GNP stands for Gross National Product, which is the total of all the goods and services produced in Canada in one year.