Who are Entrepreneurs?
Entrepreneurship Quiz LS-451

Quiz
•
Education, Business
•
8th Grade - University
•
Medium

Peter Maxwell
Used 4+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
an individual who makes money
an individual who creates a new business, bearing most of the risks and enjoying most of the rewards
and individual who saves money
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Entrepreneurship?
The activity of starting a business, while assuming a larger than normal risk, in the hopes of making profit
Taking on a low risk job
Buying into a larger business or corporation
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are 4 things to do to become and Entrepreneur?
1) Find your market 2) Know your Qualifications 3) Plan your business 4) Find your target market
1)Plan your business 2) take out a loan 3) Create your product 4) Dominate the market
1) Find your market 2) Take out a loan 3) create product 4) Network
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Pros of being a Entrepreneur
Financial Risk
Freedom, Flexibility, Control
Potential Failure
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cons of being an Entrepreneur?
Possibility of making a lot of money
Workload, Responsibility, Financial Risk
Freedom of choice when it comes to your business
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a characteristic of an Entrepreneur?
Lazy
Undetermined
Innovative
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It takes millions of dollars to become an Entrepreneur?
True
False
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