ENT300 QUIZ CAFF115 4C/4D

What is the definition of entrepreneurship as stated by Koontz and Fulmer (1984)?

• The practice of organising, managing and ability of predicting the risks of a business

• The ability of an individual to see a business opportunity, to gather the resources needed to take advantage of the opportunity, and to embark in a business, taking the risk of failure in order to attain profit

Corporate entrepreneurship include vision for social change and who have the financial resources to support their ideas.

• True

• False

Small and Medium Enterprises (SME) categories differentiates by sales and number of employees.

• True

• False

Halal, Qanaah, Taufiq, Sa'adah and Jannah are the uniqueness of success formulated by Imam Al-Ghazali.

• True

• False

Which is NOT the Abraham Maslow's Theory of needs?

• Self actualization

• Social

• Security

• Job advancement

Hygiene factors under Hertzberg's Two Factor Theory included

• Individual growth and development

• Recognition for job

• Supervision and work condition

• The work itself

Entrepreneur must not be afraid of the risks associated with the business and rely on their capabilities or perhaps talent to be successful.

Which is the correct Personal Entrepreneurial Competencies (PECS)?

• Commitment to work contract

• Maintaning high quality work

• Persuasion

• Self confidence

Employees go to work on weekend to ensure the preparation for Monday's event at the office is well managed.

• Theory X

• Theory Y

Idea ---> creativity ---> Innovation

• True

• False

Incremental innovation is a breakthrough innovation. This innovation is a market push method whereby it creates market for the product. Ipad from Apple is one of the examples of incremental innovation.

• True

• False