Entrepreneurship Concepts and Risks

What is one of the primary purposes of business activity?

• To build monuments

• To explore space

• To meet customer needs

• To create art

Which of the following is an example of a tangible good?

• A train journey

• A laptop

• A haircut

• A yoga class

What is a key characteristic of an entrepreneur?

• Taking risks

• Following trends

• Avoiding risks

• Ignoring market needs

Who is the founder of Amazon?

• Jeff Bezos

• Emma Chamberlain

• Elon Musk

• Rihanna

What is an example of product adaptation?

• Starting a new tech company

• Opening a new store

• Launching a new car model

• Adding vegan options to a bakery menu

Which trait is essential for entrepreneurs to overcome challenges?

• Creativity

• Laziness

• Pessimism

• Indifference

What is a potential risk of business activity?

• Unlimited success

• Financial loss

• Guaranteed profit

• Eternal growth

Which of the following is a reward of business activity?

• Self-satisfaction

• No competition

• Unlimited resources

• Guaranteed success

What can long working hours lead to for entrepreneurs?

• Increased leisure time

• Improved health

• Physical exhaustion

• More vacations

What is the benefit of independence in business?

• Dependence on investors

• Freedom to make decisions

• Lack of responsibility

• Guaranteed success