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1. Answer the questions:

                  1. What does entrepreneurship reflect as a social phenomenon?

                  1. What does entrepreneurship facilitate?

                  1. Where does economic creativity result?

                  1. What is the failure rate of new enterprises?

                  1. What does starting a new business involve?

                  1. What for has the entrepreneur got all the responsibility?

                  1. What does an entrepreneur kind of behavior include?

                  1. What does an entrepreneur mean from an economist’s point of view, from a psychologist’s point of view?

                  1. What is the definition of entrepreneurship?

2. Translate into English:

                  1. Предпринимательство – это форма деятельности в сфере производства товаров и предоставления услуг с целью получения прибыли.

                  1. Предприниматель – это человек, занимающийся любым видом экономи­ческой деятельности, приносящей прибыль.

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                  1. Предприниматель рискует, чтобы получить прибыль.

                  1. Предприниматель применяет новые технологии производства.

                  1. Рост компании зависит от деловой активности предпринимателя.

                  1. Трудно ли быть предпринимателем?

3. Complete the following sentences with the words given below:

approval, arranges, assure, creates, incomparable, investigation, meticulous, start-ups.

1. Entrepreneur is someone who starts a company, business deals,

and takes risks in order to make a profit.

2. Someone a job for you, gets orders, collects money from the clients

and takes on the responsibility for making both ends meet.

                  1. Entrepreneurship gives you an sense of personal freedom.

                  1. Entrepreneurs are a mystery to some people, especially those who are only comfortable with a nine-to-five existence and weekly paychecks.

                  1. Entrepreneurs minimize risks by advance planning, research, and

consideration of all factors that could affect and possibly endanger their business.

6. When the entrepreneur forgets to do advance and preparation,

then he or she is a gambler at best, and a failure statistic at worst.

                  1. While entrepreneurs are adventures on the business sea, they still seek the of others, often after they have launched an action.

                  1. Nearly half of all small business are retail shops.