Principles of Entrepreneurship Week 2-Quiz 2

Which of the following is true about American entrepreneurs?

• many work from home

• they work hard

• they are all ages

• all of the above

The ability to perform a specific kind of task after practice is referred to as having

• self-esteem

• an aptitude

• an attitude

• a skill

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

• creativity

• curiosity

• courage

• cautiousness

Which of the following is not a skill needed by an entrepreneur?

• organizational skill

• business skill

• drawing skill

• computer skill

What percentage of business owners used money of their own, or from their families, to start or buy a business?

• less than 20 %

• between 40% and 60%

• between 20% and 40%

• more than 60 %

What percentage of business owners are less than 25 years old?

• 2 percent

• 12 percent

• 22 percent

• 32 percent

Which of the following would not be provided by a mentor?

• suggestions for achieving goals

• guidance

• financial security

• tutoring

An attitude is

• a way of thinking about something that affects how you feel about it

• a feeling you can choose to have

• a feeling that can be positive or negative

• all of the above

Self-assessment is something that

• is more important for employees than entrepreneurs

• helps you maximize your strengths and weaknesses

• entrepreneurs do not consider when hiring employees

• all of the above

Which trait is not part of the NFTE Entrepreneurial Mindset?

• risk avoidance

• flexibility

• persistence

• critical thinking