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QUIZ 1 UNIT 4 (FINAL TERM)

Authored by Nestor Natividad

Business

University

QUIZ 1 UNIT 4 (FINAL TERM)
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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Maria wants to start a sari-sari store where she will manage everything herself, from ordering goods to selling. What type of entrepreneur is Maria?

Opportunistic Entrepreneur

Self-Employed

Buy-Sell Artist

Speculator

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

John sees an opportunity to grow his online store quickly and hires a team to help with marketing and logistics. What type of entrepreneur is John?

Innovator

Opportunistic Entrepreneur

Franchisee

Acquirer

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Anna invented a new kitchen gadget and started a company to manufacture and sell it. Which type of entrepreneur is Anna?

Innovator

Speculator

Buy-Sell Artist

Franchisee

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Paul buys a failing restaurant, changes the menu and management, and turns it into a successful business. What type of entrepreneur is Paul?

Buy-Sell Artist

Acquirer

Speculator

Self-Employed

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which resource is unique because it cannot be expanded or replaced, and all entrepreneurs have the same amount of it daily?

Money

Skills

Time

Equipment

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A real estate investor buys properties when the market is low and sells them for a profit when prices rise. What type of entrepreneur is this?

Innovator

Acquirer

Speculator

Franchisee

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which resource is most critical for an entrepreneur who is physically active, mentally alert, and maintains a positive attitude to accomplish their business goals?

Money

Equipment

Energy

Time

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