
BA 311 Small Business Management - Ch 1 & 2 - Quiz#1
Authored by Michel Engwanda
Business
University
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20 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
An entrepreneurial team consists of the owner, the financier, and one key employee.
True
False
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Most entrepreneurs work shorter hours in their own businesses than they did when working for someone else because they have no boss to report to.
True
False
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Geraldo often would rather go fishing than work his business. According to Stephen Spinelli and Robert Adams, which entrepreneurial characteristics does Geraldo lack?
Commitment
Courage
Creativity
Tolerance of risk
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Geraldo often would rather go fishing than work his business. According to Stephen Spinelli and Robert Adams, which entrepreneurial characteristics does Geraldo lack?
Commitment
Courage
Creativity
Tolerance of risk
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following best fits the definition of a small business?
A manufacturer with 75 investors
A hardware store franchise with 20 employees
A fast-food franchise with locations in three states
All of these are correct.
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Ben seems to have the Midas touch. He can recognize opportunity where others see only problems. His focus is on providing results for customers. Ben has a(n) _____ personality.
technician
manager
entrepreneur
opportunistic
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Many entrepreneurs are highly motivated by the prospect of
an easy life
making money
freedom from long hours
job security
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