CHAPTER 3: ENTREPRENEURIAL LIFE

CHAPTER 3: ENTREPRENEURIAL LIFE

University

20 Qs

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CHAPTER 3: ENTREPRENEURIAL LIFE

CHAPTER 3: ENTREPRENEURIAL LIFE

Assessment

Quiz

Business

University

Practice Problem

Easy

Created by

Norzelawati Umar

Used 11+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An entrepreneur is a person who is ready to try or to undertake the risk of a new enterprise, and assemble all the resources to transform the invention into a viable business.

true

false

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Entrepreneurship is the process of seeking business opportunities under condition of risk.

true

false

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The time for an entrepreneur is limited.

true

false

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following characteristics are synonym with an entrepreneur?

unlimited time and flexible nature of job

low effort and low risk taking

rigid in adapting the changes

follow the decisions made by others

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An entrepreneur is more concerned with success and personal satisfaction rather than profit.

true

false

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A small businessman normally makes his own decisions. He uses his creativity to produce and create innovative products and services that can penetrate a market that has not been tested before.

true

false

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A/An ........ is an entrepreneur within a large organization with high entrepreneurial characteristics who strongly believes in his talent and ability and has a strong desire to create something using his own initiative and creativity

intrapreneur

Technopreneur

Copreneurs

Cyberpreneur

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