THC-215-ENTREPRENEURSHIP IN TOURISM AND HOSPITALITY

THC-215-ENTREPRENEURSHIP IN TOURISM AND HOSPITALITY

1st Grade - University

20 Qs

quiz-placeholder

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THC-215-ENTREPRENEURSHIP IN TOURISM AND HOSPITALITY

THC-215-ENTREPRENEURSHIP IN TOURISM AND HOSPITALITY

Assessment

Quiz

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1st Grade - University

Medium

Created by

Marvin Dagatan

Used 6+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Entrepreneur searches for change, responds to it and exploits opportunities.

Ronald May

Frank H. Knight

Peter Drucker

Jean-Baptiste

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Entrepreneurs are non-fixed income earners who pay known costs of production but earn uncertain incomes.

Peter Drucker

Schumpeter

Frank H. Knight

Richard Cantillon

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A combination of more than one existing products or services in to a new product or service. This means that several different ideas are combined in to one new product or service.

Duplication

Invention

Synthesis

Extension

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Obtaining the required resources, materials, technology, human or capital resources.

Implementation

Resource organization

Analytical planning

Commercial application

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is a privately owned corporation, partnership, or sole proprietorship that has fewer employees and less annual revenue than a corporation or regular-sized business.

Small business

Business

Corporation

Partnership

6.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

Derived from French word___________which means "to undertake‟.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Involved in the conversation of raw materials into products needed by society.

Small Manufacturing Business

Small Service Business

Retailing

Wholesaling

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