HELE Grade 4 - Entrepreneurship

Entrepreneurship helps increase the production of services and goods, which can improve the economy

• TRUE

• FALSE

Corporation is a group of people who contributes to the business in the form of investments and capital

• True

• False

it is the form of business which is owned and operated by two or more people who call themselves as partners.

• partnership

• corporation

• single or sole proprietorship

ICT is important in education, but not in business industry

• True

• False

Your interest in business is one of the essential factors that you need to consider in creating or starting a business

• True

• False

The job of a manager in a company is exactly the same as the job description and skills expected from an entrepreneur

• True

• False

The "high risk, high return" policy means that the higher the risks an enterprise takes, the higher its chances are of getting as many benefits as possible

• True

• False

Entrepreneur is an animal who plans, organizes, manages, supervises and perform functions of an owner

• True

• False

Entrepreneur has a salary

• True

• False

A manager starts and runs the business

• True

• False