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entrepreneurship

Authored by cisman salah

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entrepreneurship
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12 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 6 pts

What is entrepreneurship?

a) The process of buying and selling goods

b) The process of starting and running a new business to make a profit

c) The process of managing an established business

d) The process of working for a large company

2.

MULTIPLE CHOICE QUESTION

20 sec • 6 pts

Which of the following is a trait of an entrepreneur?

a) Procrastination

b) Risk-taking

c) Avoiding challenges

d) Dependence on others

3.

MULTIPLE CHOICE QUESTION

20 sec • 6 pts

Which of the following is a reason people become entrepreneurs?

a) Fear of job security

b) Opportunity to explore new environments

c) Desire to work for someone else

d) A need for high wages only

4.

MULTIPLE CHOICE QUESTION

20 sec • 6 pts

What is one of the common risks entrepreneurs face?

a) Guaranteed success

Psychological stress from uncertainty

c) Instant profits

d) Zero competition

5.

MULTIPLE CHOICE QUESTION

20 sec • 6 pts

Which characteristic is often found in small businesses?

a) Large number of employees

b) Ownership by a small group or individual

c) Operates on a global scale

d) Dominates the market

6.

MULTIPLE CHOICE QUESTION

20 sec • 6 pts

What is an important factor for the success of a small business?

a) Clear objectives and planning

b) Large initial investment

c) Ignoring customer feedback

d) Relying on luck

7.

MULTIPLE CHOICE QUESTION

20 sec • 6 pts

Which of the following is an advantage of buying an existing business?

a) No employees to manage

b) Established customer base and location

c) Complete freedom with no restrictions

d) No initial costs

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