Entrepreneurship Quiz

What are some good qualities of an entrepreneur?

• Opportunity-ignorer, risk-avoider, goal-forgetter, unconfident

• Lazy, uncommitted, uncreative, loss-oriented

• Opportunity-seeker, risk-taker, goal-setter, confident

• Risk-averse, goal-avoider, poor planner, unconfident

What does it mean to be hardworking as an entrepreneur?

• Working only when feeling motivated and producing average products/services

• Avoiding work and providing low-quality products/services

• Working diligently and being consistent about it

• Working inconsistently and producing poor products/services

What does it mean to be disciplined as an entrepreneur?

• Changing plans frequently and giving in to temptations

• Sticking to the plan and fighting the temptation to do what is unimportant

• Having no plan and being disorganized

• Ignoring plans and doing whatever feels good at the moment

What does it mean to be confident as an entrepreneur?

• Being dependent on others for decision-making

• Doubting one's ability and judgment

• Having self-reliance in one's ability and judgment

• Being unsure about coping with the risk of operating a business

What does it mean to be committed as an entrepreneur?

• Being half-hearted and not fully dedicated to the business

• Being indifferent towards the success of the business

• Assuming full responsibility over the business and giving full commitment

• Avoiding responsibility and dedication to the business

Why should an entrepreneur have the ability to accept change?

• Because change is permanent and should be resisted

• Because change is rare and should be ignored

• Because change is frequent and should be coped with and capitalized on

• Because change is unnecessary and should be avoided

What does it mean to have the initiative as an entrepreneur?

• Avoiding taking responsibility for the failure or success of the business

• Putting oneself in a position where one is responsible for the failure or success of the business

• Being passive and waiting for others to take the lead

• Being hesitant and indecisive in taking action

Why should an entrepreneur be creative?

• To stay in the business and have an edge over competitors

• To copy what others are doing and blend in with competitors

• To be unoriginal and predictable in the business

• To avoid standing out and being different from competitors

Why is an entrepreneur profit-oriented?

• To generate losses and decrease income

• To have a business without any financial goals

• To have a business without generating any income

• To generate profit or additional income and make the business the bread and butter

What does it mean to be a risk taker in entrepreneurship?

• Being willing to accept change and failure

• Avoiding all possible risks

• Ignoring the consequences of decisions

• Sticking to the same old strategies