Diagnostic Test for Entrepreneurship

Diagnostic Test for Entrepreneurship

12th Grade

50 Qs

quiz-placeholder

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Diagnostic Test for Entrepreneurship

Diagnostic Test for Entrepreneurship

Assessment

Quiz

Business

12th Grade

Practice Problem

Hard

Created by

Agatha Dela Paz

Used 2+ times

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50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

It is the ability and readiness to develop, organize and run a business enterprise, along with any of its uncertainties in order to make a profit.

Business Plan
Entrepreneurship
Business Proposal
Executive Summary

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

He said that: Entrepreneurship is the art of turning an idea into a business.

Bill gates
Fred Wilson
Frank H. Knight
Joseph Alois Schumpeter

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the difference of businessman and entrepreneurs?

Entrepreneurs develop new product; businessman develop existing product.
Entrepreneurs are the owner of new product; businessman is the owner of old product.
Entrepreneurs are the employees of the business; businessman is the owner of the business.
Entrepreneur is the owner of the business; businessman is the employee of the business.

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Determine the kind of entrepreneur that the example shows: “Pares Retiro is using the same Recipe of their pares since 2007 until to present.”

Drone Entrepreneur
Skeptic Entrepreneur
Imitating Entrepreneur
Innovative Entrepreneur

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Joseph as the CEO of a Cellphone manufacturing company always invent, add new products and new methods in terms of their production. He always discovers potential markets and reorganizes the company’s structure. Joseph is _________ entrepreneur.

Innovative
Imitating
Fabian
Drone

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Wally Viola copies the new product of his competitor. What kind of entrepreneur Wally is?

Skeptic entrepreneur
Imitating entrepreneur
Drone entrepreneur
Innovative entrepreneur

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Benny Bilang is a fabian entrepreneur who owns a traditional pop corn shop. One of his competitors introduced a “make your own flavor” option. Which statement best describes Benny’s next move?

He added a new 3 flavor to his menu.
He made no modification to his business.
He introduced “make your own flavor” option but cheaper.
He introduced “make your own flavor” option when he noticed a 50% decrease on his monthly revenue.

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