2.7 Review Questions
- Why is interest in entrepreneurship growing among those entering or re-entering the workforce?
- What is an entrepreneurial mindset?
- What does the phrase “entrepreneurial venture” refer to?
- What does the process of “cash management” entail for a business?
- Why is the entrepreneurial process considered a fluid process rather than a rigid step-by-step guide?
- What does the term “creative destruction” mean?
- What is the difference between a corporate entrepreneur and an intrapreneur?
- What are situational opportunities?
- What does an entrepreneurial journey entail?
- Under which circumstances might a person choose to bootstrap a venture?
- What is an independent contractor?
- What does the term “framework” mean in terms entrepreneurship?
- What is an action plan? How is it different from a framework?
- Why are action plans useful in the development or improvement of a venture?
- What are the characteristics associated with traditional entrepreneurship?
- What are some biases that minorities and women face in acquiring funding?
