BAM 101 Chapter 5-Entrepreneurship
questions and answers graded A+
Entrepreneur - ANS ✔People with vision, drive, and creativity who are willing to take the risk of
starting and managing a business to make a profit or changing the scope of an existing firm.
Types of Entrepreneurs - ANS ✔1. Classic Entrepreneurs —-> two types: Micropreneurs,
Growth-Oriented Entrepreneurs
2. Multipreneurs
3. Intrapreneurs
Classic Entrepreneurs - ANS ✔Risk Takers who start a company based on their innovative ideas.
Micropreneurs - ANS ✔Entrepreneurs who start a small business and remain small.
Growth-Oriented Entrepereneurs - ANS ✔Entrepreneurs who want their business to grow into a
major corporation.
Multipreneurs - ANS ✔Entrepreneurs who start a series of companies. Thrive on the challenge
of building a business and watching it grow.
Intrapreneurs - ANS ✔Entrepreneurs who don't own the company but apply their creativity,
vision, and risk-taking within a large corporation.
Why become an entrepreneur? - ANS ✔The challenge of building a business followed by the
desire to control their own destiny.
Financial Independence.
questions and answers graded A+
Entrepreneur - ANS ✔People with vision, drive, and creativity who are willing to take the risk of
starting and managing a business to make a profit or changing the scope of an existing firm.
Types of Entrepreneurs - ANS ✔1. Classic Entrepreneurs —-> two types: Micropreneurs,
Growth-Oriented Entrepreneurs
2. Multipreneurs
3. Intrapreneurs
Classic Entrepreneurs - ANS ✔Risk Takers who start a company based on their innovative ideas.
Micropreneurs - ANS ✔Entrepreneurs who start a small business and remain small.
Growth-Oriented Entrepereneurs - ANS ✔Entrepreneurs who want their business to grow into a
major corporation.
Multipreneurs - ANS ✔Entrepreneurs who start a series of companies. Thrive on the challenge
of building a business and watching it grow.
Intrapreneurs - ANS ✔Entrepreneurs who don't own the company but apply their creativity,
vision, and risk-taking within a large corporation.
Why become an entrepreneur? - ANS ✔The challenge of building a business followed by the
desire to control their own destiny.
Financial Independence.
