Entrepreneurship Quiz

This is essential to opportunity – seeking which allows the entrepreneur to see things in a positive and optimistic light in the midst of crisis or difficult situations

• Entrepreneurial mind frame

• Entrepreneurial gut game

• Entrepreneurial heart flame

• None of the above

It is the ability of entrepreneur that can sense without using the five senses, also known as intuition.

• Entrepreneurial mind frame

• Entrepreneurial gut game

• Entrepreneurial heart flame

• None of the above

One of the essetials of entrepreneur’s opportunity – seeking that refers to the driven passion of an individual

• Entrepreneurial mind frame

• Entrepreneurial gut game

• Entrepreneurial heart flame

• None of the above

What variable of societal environment includes income level and employment rate?

• Economic forces

• Political forces

• Sociocultural forces

• Technological forces

They are the ones who pay cash in exchange for your goods and services.

• Buyers

• Sellers

• Competitors

• Suppliers

The following are the forces competing within the industry except one:

• Potential new entrants and Substitute Products

• Buyers and Suppliers

• Rivalry among Existing Firms

• Needs and Wants

Which of the following good sources of entrepreneurial ideas determine the interest, hobbies and preferences of people.

• Changes in the environment

• People’s interest

• Technological discovery

• Past experiences

Societal environment includes the following, except:

• Economic forces

• Political forces

• Sociocultural forces

• Natural resources

What entrepreneurial idea will you recognize, if you consider the new discovery and advancement of technology as source of opportunity?

• Changes in the environment

• Technological discovery and advancement

• Government’s thrust, programs, and policies

• People’s interest

A source of entrepreneurial idea where expertise and skills developed by a person from its previous work can lead to the opening of a related business enterprise.

• Government’s thrust, programs, and policies

• Past experiences

• People’s interests

• Technological discovery and advancement