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1. Match the following
Resilience |
Problem-solving |
Risk-taking |
Adaptability |
2. State whether the following statements are TRUE or FALSE
3. Resilience is a key competency in entrepreneurship, enabling individuals to bounce back from setbacks and persist in their endeavours.
4. Risk assessment involves identifying potential risks associated with entrepreneurial ventures and finding ways to eliminate them entirely.
5. Adaptability is important in entrepreneurship as it allows individuals to pivot their strategies based on feedback and changing market conditions.
6. Embracing failure as a natural part of the innovation process can foster a culture of creativity and experimentation in entrepreneurship.
7. What is the primary purpose of reframing failure in entrepreneurship?
8. Which competency is crucial for individuals to persist in their entrepreneurial endeavours?
9. What does risk assessment involve in entrepreneurship?
10. Why is adaptability important in entrepreneurship?
11. How can embracing failure foster a culture of innovation in entrepreneurship?
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