Entrepreneurship -Concepts and Functions

Entrepreneurship -Concepts and Functions

11th Grade

12 Qs

quiz-placeholder

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Entrepreneurship -Concepts and Functions

Entrepreneurship -Concepts and Functions

Assessment

Quiz

Other

11th Grade

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Created by

Steffi Leitao

Used 117+ times

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12 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

The function involves making appointments for the positions created by the organisational process.

Planning

Coordination

Directing

Staffing

2.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

It is decision making in advance: what to do, when to do, how to do and who will do a particular task

Organising

Planning

Directing

Controlling

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

A commercial function concerned with the movement of goods and services from the producer to the ultimate consumer.

Accounting

Financing

Marketing

Production

4.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Entrepreneurs are ____________ for nation.

Liability

Burden

Life Line

None of the above

5.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Entrepreneurs provide _________ benefit by providing goods/services, raising living standard and job opportunity.

Personal Benefit

Social Benefit

None of the above

6.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

It is the process of identifying opportunities in the market place and marshalling the resources required to pursue the opportunities for long term gains.

Entrepreneur

Entrepreneurship

Enterprise

None of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image
Which is NOT a common characteristic of an entrepreneur?
risk-taker
creative
organized
irresponsible

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