McqMate
| Q. |
Which of the following is the correct definition of the term 'entrepreneur', as used by the OECD? |
| A. | Entrepreneurs are those people who start new businesses with the aim of making a profit. |
| B. | Entrepreneurs are those persons (business owners) who seek to generate value through the creation or expansion of economic activity, by identifying and exploiting new products, processes or markets. |
| C. | Entrepreneurs are those persons who seek to create value by starting new businesses with innovative products and services. |
| D. | Entrepreneurs are those people who seek to create value for local communities, people or customers by starting new ventures which exploit new products, processes or markets. |
| Answer» B. Entrepreneurs are those persons (business owners) who seek to generate value through the creation or expansion of economic activity, by identifying and exploiting new products, processes or markets. | |
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