Entrepreneurship Quiz Module 1&2

What term refers to a person who undertakes the risk of an enterprise?

• Investor

• Entrepreneur

• Manager

Which personality factor means pursuing goals regardless of potential challenges?

• Determination

• Perseverance

• Ambition

What does it mean to have the quality of being willing to gamble with sufficient calculations?

• Risk-Aversion

• Risk-Taking

• Risk-Bearing

What term describes the ability to entice people to buy even if they don't plan to?

• Persuasion

• Negotiation

• Promotion

What does it mean to take action even before being told?

• Initiative

• Leadership

• Proactivity

Which factor of entrepreneurship includes political, climate, and socio-economic conditions within the market?

• Economic Factor

• Environmental Factor

• Social Factor

Which competency pertains to having convincing power?

• Innovative

• Communicator

• Profit-Potential

What competency encompasses the ability to see business opportunities?

• Innovative

• Opportunity Seeker

• Profit Potential

What term describes an entrepreneur's competence in being firm in decision-making?

• Assertive

• Decisive

• Resolute

Which core competency pushes entrepreneurs to constantly seek new and creative ideas?

• Innovative

• Dynamic

• Resourceful