Year 9 - Entreprenurial behaviour and financial considerations

Multiple Choice

What is the main focus of an intrapreneur within a business?

• Creativity and innovation

• Financial management

• Customer service

• Marketing strategies

Open Ended

Explain how rewards can be both financial and non-financial, and provide examples of each.

Multiple Choice

Which of the following is an advantage of training and development for employees?

• Employees may be taken away from work to receive training

• It can be very expensive and time consuming

• Improvements in skills lead to increases in productivity and quality of output

• Some employees see no value in increasing their skill and knowledge

Multiple Choice

According to the slides, what is one advantage of providing employees with allocated time to work on their own projects?

• Increases employee satisfaction

• Reduces company expenses

• Decreases innovation

• Limits employee flexibility

Multiple Choice

Which of the following statements about business strategies that encourage entrepreneurial behaviors is correct?

• Rewards are always financial in nature.

• Employee time allows employees to work on any project that benefits the business.

• Decentralized decision making reduces employee motivation.

• Training and development is only for new employees.

Open Ended

What are some potential disadvantages of using rewards as a strategy to encourage entrepreneurial behavior among employees?

Open Ended

Why is it important to encourage entrepreneurial behaviour within the workplace?

Multiple Choice

Which of the following best describes an intrapreneur?

• An employee who demonstrates entrepreneurial qualities within a business

• A business owner who manages multiple companies

• A consultant hired to improve business processes

• A customer who suggests new products

Multiple Select

Which of the following are advantages of decentralized decision making?

• Increase employee motivation and productivity

• Creates an environment that can encourage creative and innovation ideas

• Can be time-consuming if employees are unable to make decisions quickly

• Expensive if the decisions made are wrong

Multiple Choice

What is an intrapreneur?

• An employee who demonstrates entrepreneurial qualities within a business

• A business owner who starts new companies

• A manager who oversees daily operations

• A consultant hired to improve business processes

Open Ended

How can encouraging entrepreneurial behaviour within the workplace benefit a business?

Multiple Choice

Which of the following is NOT a business strategy that encourages entrepreneurial behaviors?

• Encouraging a culture of innovation

• Employee time

• Strict hierarchical control

• Decentralising decision making

Open Ended

Why is it important for consumers to weigh up risk and return before making investment decisions?

Multiple Choice

Which of the following are common types of scams mentioned under financial risks?

• Business opportunity scams

• Charity scams

• Product scams

• All of the above

Multiple Choice

Which of the following is an effective way for consumers to protect themselves from financial risk?

• Making informed decisions and seeking advice from qualified financial advisors

• Investing all money in a single asset

• Ignoring the risks associated with investments

• Avoiding insurance and savings

Multiple Select

Which of the following are recommended strategies for protecting yourself from financial risk?

• Make informed decisions and seek advice from qualified financial advisors

• Invest all your money in one type of asset

• Be aware that all investments involve some level of risk

• Diversify by investing in a wide range of assets

Open Ended

What are some ways consumers can protect themselves from financial risk?

Multiple Choice

Which of the following is NOT a type of insurance?

• Vehicle

• Pet

• Retirement

• Home

Multiple Choice

Which of the following is NOT mentioned as a way to protect yourself from financial risk?

• Making uninformed decisions

• Diversifying investments

• Having insurance, savings, and superannuation

• Seeking advice from qualified financial advisors

Open Ended

What are some effective ways consumers can protect themselves from financial risk?

Multiple Select

Which of the following are ways to protect or prepare yourself financially for unexpected events, according to the slide?

• Insurance

• Savings

• Superannuation

• Investing in stocks