Which of the following best describes an entrepreneur?

Jump Start your Micro-Enterprise Credential Exam prep with our engaging, interactive quiz. Utilize flashcards, explore multiple choice questions, and receive tips with detailed explanations. Propel your learning journey to success!

The best description of an entrepreneur is someone who identifies opportunities and takes the initiative to create and manage a business venture with the aim of generating profit. The choice that captures this entrepreneurial spirit is the IT tech who works as a small business consultant after hours. This individual demonstrates characteristics of entrepreneurship by leveraging their skills and knowledge in technology to create additional income through consulting, effectively managing their own business outside of traditional employment.

In contrast, the corporate executive, teacher, and scientist mentioned in the other options typically operate within established organizational structures and may not be engaged in creating or managing their own business ventures. While they may possess specialized skills and contribute significantly within their respective fields, they do not necessarily embody the core entrepreneurial qualities of starting and running a business independently, which involves risk-taking, innovation, and resourcefulness.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy