Entrepreneurship:
A) Can occur both within firms and independently of them
B) Is a process that may lead to the creation of new value
C) Involves recognizing or creating an opportunity, assembling resources to pursue it, and managing those resources to bring the new venture into being
D) All of the above

Question

Quizplus · Accepted Answer

All of the given options are correct. Entrepreneurship can occur both within firms and independently of them. It is a process that involves recognizing or creating an opportunity, assembling resources to pursue it, and managing those resources to bring the new venture into being. The ultimate goal of entrepreneurship is to create new value, whether it is through the introduction of a new product or service, a new business model, or a new way of organizing resources.