Entrepreneur Class Test

Entrepreneur Class Test

9th - 12th Grade

53 Qs

quiz-placeholder

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Entrepreneur Class Test

Entrepreneur Class Test

Assessment

Quiz

Other

9th - 12th Grade

Hard

Created by

Michael Iafrate

Used 10+ times

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53 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Ewing Kauffman took a risk when he started his company Marion Labs in 1950

True

False

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

(p. 5) How Ewing Kauffman ran his business illustrates corporate entrepreneurship. 

True

False

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

(p. 6) The four basic aspects of being an entrepreneur are creation, motivation, delegation and risk-taking. 

True

False

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

 (p. 6) The term entrepreneur means different things to different people. 

True

False

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

(p. 6) The key element found in all definitions of entrepreneurship is risk taking

True

False

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

(p. 8) Technical people are often the best source for entrepreneurs for identifying new business opportunities due to their expert knowledge. 

True

False

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

(p. 8) The market size and the length of the window of opportunity are the primary bases for determining risks and rewards. 

True

False

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