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QUIZ 1 ENTREPRENEURSHIP

Authored by camille bequio

Education, Business

11th - 12th Grade

Used 38+ times

QUIZ 1 ENTREPRENEURSHIP
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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 20 pts

It is a practice and a process that results in one’s creativity, innovation and enterprise development and growth.

A. ENTREPRENEUR

B. ENTREPRENEURSHIP

C. INDUSTRY

D. KEY CONCEPTS

2.

MULTIPLE CHOICE QUESTION

20 sec • 20 pts

Defined as someone who has the ability and desire to establish, administer and succeed in a start-up venture along risk entitled to it to make profits.

A. ENTREPRENEUR

B. KEY CONCEPTS

C. ENTREPRENEURSHIP

D. INDUSTRY

3.

MULTIPLE CHOICE QUESTION

20 sec • 20 pts

The entrepreneurs who create new ideas are called?

A. PRODUCTIVE

B. RISK TAKER

C. INNOVATIVE

D. HARDWORKING

4.

MULTIPLE CHOICE QUESTION

30 sec • 20 pts

Which of the following is NOT a function of an entrepreneur?

A. SKILLS MANAGEMENT

B. CONDUCTS RESEARCH

C. MAKE NO CHANGE IN HIS PRODUCT

D. TAKES RISK OF DEVELOPING NEW PRODUCT SERVICES

5.

MULTIPLE CHOICE QUESTION

20 sec • 20 pts

Entrepreneur means:

A. RISK TAKER

B. TO UNDERTAKE

C. TO RESEARCH

D. TO IMPROVE STANDARD OF LIVING

6.

MULTIPLE CHOICE QUESTION

30 sec • 20 pts

Which of the statements below is true?

a. Entrepreneur has limited career opportunities.

b. Entrepreneurs are contributor to the development of society.

c. Entrepreneurs are prone to constant high income.

d. Entrepreneurs are the reasons for unemployment problem.

7.

MULTIPLE CHOICE QUESTION

30 sec • 20 pts

All statements are key concepts of Entrepreneurship EXCEPT:

A. Entrepreneurs can be any of age.

B. Entrepreneurs provide products or services.

C. Entrepreneurs try to identify the needs of the market.

D. Entrepreneurs only make harm to their business.

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