Mid SARM course QUESTIONS all Solved
100% Correct
Disruptive technologies include ________________
- new methods or approaches that make established methods obsolete,
- self-booking of air travel,
- a change from ownership of resources to the ability to have access to resources
The entrepreneurial mindset includes ________.
a willingness to develop ideas that are not always initially popular
Why is interest in entrepreneurship growing among those entering or re-entering
the workforce?
Flexibility and autonomy
What is an entrepreneurial mindset?
Embracing risk and innovation
What does the phrase "entrepreneurial venture" refer to?
A business startup or project
What does the process of "cash management" entail for a business?
Controlling expenses and cash flow
Why is the entrepreneurial process considered a fluid process rather than a rigid step-
by-step guide?
To allow for adaptability and change
What does the term "creative destruction" mean?
Disrupting existing markets and industries
100% Correct
Disruptive technologies include ________________
- new methods or approaches that make established methods obsolete,
- self-booking of air travel,
- a change from ownership of resources to the ability to have access to resources
The entrepreneurial mindset includes ________.
a willingness to develop ideas that are not always initially popular
Why is interest in entrepreneurship growing among those entering or re-entering
the workforce?
Flexibility and autonomy
What is an entrepreneurial mindset?
Embracing risk and innovation
What does the phrase "entrepreneurial venture" refer to?
A business startup or project
What does the process of "cash management" entail for a business?
Controlling expenses and cash flow
Why is the entrepreneurial process considered a fluid process rather than a rigid step-
by-step guide?
To allow for adaptability and change
What does the term "creative destruction" mean?
Disrupting existing markets and industries
