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Entrepreneurship Quiz

Authored by fidele bizabarimana

Business

10th Grade

Used 1+ times

Entrepreneurship Quiz
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14 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The following are different definitions of entrepreneurship. Which one is correct? (2marks)

This a person who has the ability to identify and evaluate business opportunities, gathers the necessary resources, starts a business and takes risks with an aim of making profits.

This is a person who introduces new idea, product and services within an existing business.

Refers to the process of identifying business opportunities and utilize the available resources in the environment.

The amount of funding required to implement a business opportunity may influence one's choice of a business idea. Most people will choose opportunities that do not involve a lot of funding in relation to profits.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the empty spaces the appropriate entrepreneurship terms. (4marks)

Innovation

Invention

Creativity

Entrepreneur

3.

OPEN ENDED QUESTION

3 mins • 1 pt

State any four differences between manager and entrepreneur in the business. (4marks)

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

Choose the correct answer among four alternatives: (4marks)

Evaluate responses using AI:

OFF

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The following are the types of innovation, spot the odd man out. (1mark)

Radical innovation

Vertical innovation

Lateral innovation

Service innovation

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The following are the types of creativity, spot the odd man out. (1mark)

Convergent creativity

Divergent creativity

Systems creativity

Building creativity

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The following are the entrepreneurship processes, spot the odd man out.

Idea generation

Concept development

Resourcing

Decision making

Actualisation

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