Entrepreneurship Quiz 1

What does the term 'entrepreneur' mean?

• To undertake

• To innovate

• To manage

• To invest

Which of the following is a characteristic of an innovative entrepreneur?

• They avoid risks

• They create new ideas

• They follow existing ideas

• They are skeptical about changes

What is one of the roles of entrepreneurs in the economy?

• To limit market competition

• To provide products and services

• To create unemployment

• To increase government control

Which type of entrepreneur is known for being skeptical about changes?

• Social entrepreneur

• Innovative entrepreneur

• Fabian entrepreneur

• Imitating entrepreneur

What is a common competency of entrepreneurs?

• Avoiding opportunities

• Risk-taking

• Lack of communication

• Indecisiveness

Which of the following is NOT a personality factor affecting entrepreneurship?

• Perseverance

• Initiative

• Complacency

• Proactive

What is the primary benefit of entrepreneurship to society?

• Increased taxes

• Creation of organizations

• Higher unemployment

• Reduced innovation

Which of the following describes a drone entrepreneur?

• They are proactive

• They seek opportunities

• They live on the labor of others

• They innovate constantly

What is the main focus of social entrepreneurs?

• Driving social innovation

• Maximizing profits

• Avoiding risks

• Imitating successful businesses

Which of the following is a career opportunity for entrepreneurship graduates?

• Factory Worker

• Business Consultant

• Retail Cashier

• Domestic Helper