Chapter 1-Entrepreneurs and Entrepreneurship Part 1

Chapter 1-Entrepreneurs and Entrepreneurship Part 1

9th - 12th Grade

20 Qs

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Chapter 1-Entrepreneurs and Entrepreneurship Part 1

Chapter 1-Entrepreneurs and Entrepreneurship Part 1

Assessment

Quiz

Life Skills, Business

9th - 12th Grade

Practice Problem

Medium

Created by

Sharvan Johnson

Used 23+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Entrepreneurs try to meet the needs of the marketplace by supplying a product or service.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person who takes the risk of a business venture is

not directly affected by the consequences of his or her decisions.

an employee.

an entrepreneur.

sure to be successful.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person who works for someone else is

an entrepreneur.

an employee.

the one who receives the profits of the business.

taking the risk of business venture.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Successful entrepreneurs need to be self-confident because they must make decisions alone, but they do not need to be creative because they can hire creative people.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Entrepreneurship involves risk, which is both an advantage and a disadvantage.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An advantage of entrepreneurship is that entrepreneurs make all decisions by themselves.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a characteristic of a successful entrepreneur?

Determeination

Creativity

Dependence

Self-confidence

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