Entrepreneurship Quiz

Identification: Identify what is being asked on the following question.

Answer explanation

The question asks for the identification of what is being asked, which involves recognizing the task of determining the nature or specifics of the inquiry presented.

Means giving full commitment and solid dedication to make the business successful.

Entrepreneurs have self-reliance in one's ability and judgment.

An entrepreneur enters the world of business to generate additional income.

Refers to effective and efficient communication and establishing good relationship to the people working in and out of your business.

An entrepreneur should be innovative to stay in the business and to have an edge over the other competitors.

Means working diligently and being consistent about it.

Successful entrepreneurs always stick to the plan and fight the temptation to do what is unimportant.

Successful entrepreneurs can think quickly and acts wisely towards a predetermined set of objectives.

Putting yourself in a position where you are responsible for the failure or success of your business.