Entrepreneurship Quiz

What is the primary definition of an entrepreneur?

• A person who inherits a business.

• A person who creates and runs a business, taking on financial risks in the hope of profit.

• A person who manages a company without taking risks.

• A person who works as an employee in a company.

Which of the following is a primary goal of entrepreneurship?

• To avoid competition.

• To innovate and create new products or services.

• To follow traditional methods of business.

• To secure a stable job.

How does entrepreneurship contribute to the economy?

• By decreasing employment opportunities.

• By increasing innovation and creating jobs.

• By reducing the number of businesses.

• By monopolizing markets.

Entrepreneurs primarily seek to:

• Replicate existing business models.

• Innovate and disrupt existing markets.

• Maintain the status quo.

• Follow government regulations strictly.

Which mindset is most closely associated with successful entrepreneurs?

• Fixed mindset.

• Growth mindset.

• Passive mindset.

• Risk-averse mindset.

Entrepreneurs are often described as having a(n):

• Aversion to failure.

• Tolerance for ambiguity and uncertainty.

• Preference for routine tasks.

• Dependence on external validation.

Which characteristic is commonly found in successful entrepreneurs?

• Reluctance to take risks.

• High level of resilience.

• Inflexibility in their approach.

• Dependence on others for decision-making.

Entrepreneurs often exhibit:

• A desire to follow others.

• High levels of creativity and innovation.

• A need for strict guidance.

• An avoidance of challenges.

What trait is essential for identifying and pursuing new opportunities?

• Passivity.

• Proactivity.

• Complacency.

• Indifference.

Which of the following traits is NOT typically associated with entrepreneurs?

• Risk-taking.

• Dependability.

• Innovativeness.

• Inertia.