Skills of Entrepreneurs

Multiple Choice

What is the definition of a skill?

• The ability to make money quickly

• The knowledge of business concepts

• The ability to do something well

• The talent to start a business

Multiple Choice

Why do entrepreneurs need skills?

• To impress investors

• To help make their business successful

• To avoid paying employees

• To work fewer hours

Multiple Choice

Which of the following is NOT mentioned as one of the key entrepreneurial skills?

• Time management

• Communication

• Computer programming

• Decision-making

Multiple Choice

What does good time management mean for an entrepreneur?

• Working long hours

• Being aware of tasks and their deadlines

• Delegating all work to employees

• Completing tasks as quickly as possible

Multiple Choice

Why is planning important for an entrepreneur?

• It impresses potential investors.

• It helps avoid problems and gives a better chance of achieving objectives.

• It is required by law.

• It makes employees work harder.

Multiple Choice

Why is good communication important for entrepreneurs?

• To avoid legal problems

• To work with various people like staff, bank managers, and suppliers

• To create a business website

• To reduce business expenses

Multiple Choice

Which of the following is NOT listed as an important interpersonal skill?

• Patience

• Marketing

• Listening

• Teamwork

Multiple Choice

What does risk management mean according to the presentation?

• Taking big risks to make more profit

• Avoiding all business risks

• Thinking of things that could go wrong and taking steps to avoid them

• Investing in the stock market

Multiple Choice

According to the presentation, it's important that an entrepreneur makes:

• Quick decisions

• Popular decisions

• Correct decisions for the business

• Decisions based on emotions

Multiple Choice

How many steps are there making good decisions?

• Three

• Four

• Five

• Six

Fill in the Blanks

A skill is the

to do something well.