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Chapter 6: Entrepreneurship and Starting a Small Business

Professional Development

University

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Chapter 6: Entrepreneurship and Starting a Small Business
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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Accepting the risk of starting and running a business defines

an intrapreneurship

a manager

an entrepreneurship

a CEO

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Entrepreneurships are primarily funded by

banks and loans

personal savings and family investments

the Small Business Administration

venture capitalists

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Why are entrepreneurs willing to take the risk? (Select ALL that apply)

opportunity

profit

independence

more employee benefits

4.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which are NOT qualities of an entrepreneur?

self-directed

want a balanced life style

action-oriented

unwilling to take risk

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A group of experienced people from different areas of business who join to form a managerial team with the skills to develop, make, and market a new product defines

a micropreneur

a committee

an entrepreneurial team

stockholders

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Why would a team be preferred over an individual entrepreneur?

team members can combine creative skills with production and marketing skills right from the start

teams work harder and are smarter than an individual

teams can have disagreements and low cooperation which lead to a delay in work

team members can work effectively and faster leading to more efficient work

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Creative people who work as entrepreneurs within corporations are

CEOs

micropreneurs

entrepreneurs

intrapreneurs

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