G9 T2 CHECKPOINT 1 QUIZ

What is an entrepreneur?

• a person who sets up and runs a business

• the introduction of anew idea or way of doing things

• a business or the act of setting up a business

• goods or services that satisfy the needs and wants of a customer

what is the risk of starting a business?

• setting goals

• helping people

• making money

• losing money

Khalid owns a popular burger restaurant. He noticed that customers stopped buying from his business because they like to place food orders online. He does not know how to use the internet or computer.

Identify the reason why the business might fail.

• unclear objectives

• poor financial management

• poor choice of location

• lack of skills

Zainab is an entrepreneur. She always speaks clearly and listens carefully to other people.

Which skill is Zainab’s best skill?

• time management

• planning

• communication

• risk management

5.

Saif is an entrepreneur. He is often late for meetings and needs to meet deadlines for customers.

Which skill does Saif need to improve?

• time management

• interpersonal skills

• risk management

• decision making

Anoud is good at using her imagination and can think of new ideas for products easily. She can spot a business opportunity and think of a way to make it successful.

Which characteristic of an entrepreneur is this an example of?

• creativity

• independence

• confidence

• risk taking

What is an action plan?

• the introduction of a new way of doing things

• goods or services that satisfy the needs and wants of a customer

• a document that give step by step details about what needs to be done

• money that a business used to produce goods and services

what is the final stage (stage 8 ) of an action plan?

• achieve the goal or finish the project

• implement the plan

• decide who is responsible for each action

• review and update the plan as each action is completed

Ahmed knows that a business can be a success or a failure. He is not afraid of things going wrong.

Which characteristic of an entrepreneur is this an example of?

• creativity

• independence

• self-motivation

• risk taking

Study the table below.

What type of plan is this an example of?

 

• action plan by students for a school science fair

• action plan by entrepreneurs who want to sell a new product

• business plan by students for a school science fair

• business plan by entrepreneurs who to sell a new product