Entrepreneurship Quiz

What is one characteristic of a good entrepreneur?

• Selfish

• Lazy

• People-oriented

• Indifferent

Who is considered the buyer?

• The one who delivers products

• The one who sells products

• The one who buys products

• The one who makes products

What is a smart buyer focused on?

• Ignoring costs

• Buying the first item they see

• Choosing quality

• Buying at retail prices

What should a smart buyer consider when purchasing?

• Popularity of the product

• Lowest price only

• Better quality and longer warranty

• Brand name only

What is an opportunity for entrepreneurs during school opening?

• Selling gardening tools

• Selling winter clothes

• Selling school materials

• Selling holiday decorations

What happens when there is more supply of goods in the market?

• Prices become higher

• Quality decreases

• Prices become lower

• Demand increases

What is one trait of a smart buyer?

• Only buying from friends

• Making a survey of costs

• Ignoring quality

• Buying without research

What is the role of a seller?

• To meet the needs of the buyer

• To buy products

• To ignore buyer demands

• To create advertisements

What is a characteristic of a good entrepreneur?

• Indifferent

• Dishonest

• Confident

• Unorganized

What should a good buyer focus on?

• Quality and price

• Buying only branded items

• Buying the cheapest item

• Buying impulsively