BASIC ENTREPRENEURSHIP KNOWLEDGE TOURNAMENT LV 4

BASIC ENTREPRENEURSHIP KNOWLEDGE TOURNAMENT LV 4

University

35 Qs

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BASIC ENTREPRENEURSHIP KNOWLEDGE TOURNAMENT LV 4

BASIC ENTREPRENEURSHIP KNOWLEDGE TOURNAMENT LV 4

Assessment

Quiz

Business

University

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Created by

SHARON BTU

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35 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which creativity technique would best help an entrepreneur in finding a new perspective to a long-standing issue in his/her business?

Mind mapping

Problem reversal

Attribute listing

Forced analogy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An entrepreneur wants to generate ideas by visually organizing information to identify relationships and patterns. Which of the following creativity techniques best suits this situation?

Brainstorming

Lateral thinking

Mind mapping

Forced analogy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An entrepreneur realized that an aging population in his community needs assistance in daily chores and tasks. Recognizing this as an opportunity, he decided to start a home care service business. Which source of innovation for entrepreneurs is demonstrated in this situation?

Unexpected events or occurrence

New knowledge concept

Process needs

Changes in demographics

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A manager at a company finds out that her best friend, who works under her, has been involved in embezzlement. She's torn between protecting her friend and reporting the unethical behavior to her superiors. Which of the following factors that influence individual ethical values and practices is most likely impacting her decision-making process?

Situational factors or conflict of interest

Family influences

Religious beliefs

Peer influences

Life experiences

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A large technology firm decides to support the entrepreneurial ideas of its employees by providing funds for research and development of approved ideas. This approach also involves an equitable partnership arrangement between the company and the employee. Which type of entrepreneurship does this scenario best exemplify?

Corporate Entrepreneurship

Private or Independent Entrepreneurship

Intrapreneurship

Public Sector Entrepreneurship

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A nonprofit organization recognizes a significant social problem and leverages entrepreneurial principles to organize, create, and manage a venture aimed at resolving the issue. The venture's success is measured in terms of social return on investment (ROI) rather than just financial gain. Which type of entrepreneurship best describes this situation?

Social Entrepreneurship

Academic Entrepreneurship

Private or Independent Entrepreneurship

Public Sector Entrepreneurship

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Samantha is passionate about baking and decides to start her own pastry shop, intending not only to earn a living but also to share her love for baking with her community. She is less focused on major profitability and more interested in achieving sustainability while doing what she loves. Based on these characteristics, which type of entrepreneur best describes Samantha?

Corporate Entrepreneur

Lifestyle Entrepreneur

Technopreneur

Serial Entrepreneur

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