Entrepreneurship Quiz

Why do entrepreneurs start a business?

• To avoid risks

• To try new ideas and make money

• To do the same thing every day

• To keep things steady

How do entrepreneurs handle risks when starting a business?

• They avoid all risks.

• They copy other ideas to avoid mistakes.

• They take risks to find success.

• They let others handle risks.

What does an entrepreneur do?

• Works part-time at a business

• Manages a business started by someone else

• Starts a new business and tries new ideas

• Only buys and sells shares

Which quality helps an entrepreneur be successful?

• Avoiding change

• Only doing easy tasks

• Being willing to try new things

• Working alone

What is a business owner’s main focus?

• Taking big risks

• Creating a new idea

• Managing daily tasks for stability

• Launching a new product

How are entrepreneurs different from business owners?

• Entrepreneurs avoid risks.

• Entrepreneurs want to make big changes, while business owners want stability.

• Entrepreneurs and business owners have the same goals.

• Entrepreneurs always work alone.

How does having a shared vision help a business?

• Only helps the business owner.

• Helps everyone work together towards the same goal.

• Stops new ideas from staff.

• Makes only one person in charge.

Why is a shared vision important for employees?

• It makes them work alone.

• It encourages teamwork and motivates them.

• It only focuses on the leader’s success.

• It limits staff to routine tasks.

What does innovation mean in business?

• Copying products from others

• Never changing old products

• Creating new or better products

• Keeping traditional methods

What does enterprise mean in entrepreneurship?

• Avoiding risks

• Focusing only on money

• Being creative and trying new ideas

• Limiting new ideas to save costs