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[Wk:10 sem:1] Entrepreneurship

Authored by treva august

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12th Grade

Used 1+ times

[Wk:10 sem:1] Entrepreneurship
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21 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

6) According to the textbook, entrepreneurs are ________.

A) gamblers

B) moderate risk takers

C) aggressive risk takers

E) minimal risk takers

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

3) Stacey Wills, who is at heart a craftsperson, recently started a firm to manufacture a new innovative food blender. Stacey's desire is to sell her food blender to as many people as possible because she firmly believes in the merits of her product. Stacey's story best illustrates which of the following characteristics, or attributes, of a successful entrepreneur?

A) Product/customer focus

B) Execution intelligence

C) Tenacity despite failure

E) A desire to gain financial rewards

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

13) ________ is the process of creating something new, which is central to the entrepreneurial process.

A) Modernism

B) Innovation

C) Execution

D) Creativity

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

8) The three primary reasons that people become entrepreneurs and start their own firms are to ________.

A) gain prestige, realize financial rewards, and eliminate risk in their lives

B) do what they were "born" to do, be their own boss, and gain prestige

C) take big risks, be their own boss, and do what they were "born" to do

D) be their own boss, pursue their own ideas, and pursue financial rewards

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a core characteristic of most entrepreneurs?

Risk-taker

Selfish

Confident

Independent

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The internet is a great tool for starting and running a business.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The process of identifying an opportunity then setting up and running a business to address that opportunity.

Entrepreneurship

Responsibility

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