Formative quiz

An entrepreneur can own an online business

• False- entrepreneurs can only create business in person

• True- there are companies online as well as in person

Entrepreneurship contribute to our economy except

• create employment

• develop new market

• servers as a role model

• less social responsibility

Elon Musk is one of the greatest innovators in the last 30 years. He....

• Co- founded paypal

• Founded the company SpaceX

• Founded the company tTesla

• Co- founded Facebook

• all of the above

Mark Zucker- Berg is one of the famous entrepreneur. He owns...

• Facebook

• Pinterest

• Tuwitter

• Microsoft

Entrepreneurship is related to a system of creating new business

• true

• false

Benefits of entrepreneurship except

• Develop Grit

• Make the world a better place

• teach problem identification

• future is certain

An entrepreneurs must know..

• all parts of business: finance, marketing and many more

• no parts of the business management

• only the part of business they like

The act of assuming the risk of organizing productive resources to produce goods and services

• business

• risk management

• entrepreneurship

• manager

What is entrepreneurship?

• working with others to make create a business.

• a person who create a job

• the activity of setting up business or businesses , taking on financial risks in the hope of profit

• business that comes up in an idea

Name one of the reasons people become entrepreneurs.

• feeling insecure

• they are doing what they enjoy

• they like to be the only one doing everything