Entrepreneurship review

Entrepreneurship review

9th - 12th Grade

42 Qs

quiz-placeholder

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Entrepreneurship review

Entrepreneurship review

Assessment

Quiz

Business

9th - 12th Grade

Medium

Created by

Phil Schut

Used 6+ times

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42 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Local governments strongly promote and support small businesses mainly due to which factor?

Businesses serve only the local communities.
Businesses are owned by one person.
Businesses may become big businesses.
Businesses are important to the economy.

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Successful entrepreneurs enjoy their work and often start their businesses so that they can share their interests and enthusiasm with others. In other words, successful entrepreneurs have which characteristic for what they do?

Reservations
Concerns
Apathy
Passion

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which statement is true regarding training for entrepreneurial ventures?

Once entrepreneurs are educated or trained in their business field, they rarely need further education.
Most successful entrepreneurs have degrees from four-year colleges or universities.
The type of training and education that entrepreneurs need depends on the nature of the start-up business.
Most entrepreneurs must pass state-mandated exams to operate their business.

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What is a disadvantage of entrepreneurship?

Fewer resources
Personal satisfaction
Lower taxes
Uncertain income

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Entrepreneurs often discover business start-up ideas by looking for gaps between what is being done and which other factor?

How things are being done
What was done in the past
When changes were last made
What needs to be done

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What behavior is exhibited when an individual recognizes the possibility of an undesirable outcome and continues to work toward a goal?

Creativity
Self-discipline
Risk-taking
Flexibility

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which is considered a reliable information source for a business start-up?

Wikipedia (www.wikipedia.org/wiki/Entrepreneurship)
The Project Management Institute (www.pmi.org)
The Small Business Administration (www.sba.gov)
The National Retail Federation (www.nrf.com)

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