Entrepreneurship Quiz

Which of the following is defined as an enormous impact on the economy and in the society and the level of entrepreneurial activity has contributed significantly to the national level of economic growth of many countries?

• Entrepreneurship

• Entrepreneur

• Economics

• Opportunity

Which of the following is an important driver of economic growth and innovation?

• Entrepreneurship

• Entrepreneur

• Economics

• Opportunity

Who is called as the innovator or developer recognizes and seizes opportunities?

• Entrepreneurs

• Entrepreneurship

• Economists

• Scientists

What does 'entreprendre' mean?

• to imitate

• to go inside

• to undertake

• to understand

Who is the Austrian economist, first articulated the importance of entrepreneurship to the economy and in society in 1934?

• Marco Polo

• Joseph Schumpeter

• Peter Docker

• Jean-Baptiste Say

Which of the following statements is TRUE about the career opportunities of an entrepreneur?

• An entrepreneur cannot be a researcher.

• Entrepreneurship graduates can become a business reporter.

• The possibilities in entrepreneurship are not limitless.

• Entrepreneurs can only create products and services.

Which of the following are the internal and external factors surrounding an organization? It consists of the microenvironment and macro environment which both have an impact on the market's need for products and services.

• Internal environment

• External environment

• Marketing environment

• Macro environment

Which of the following consists of manpower, money, machinery, materials, and minutes (5Ms)?

• Internal environment

• External environment

• Marketing environment

• Macro environment

Which of the following 5Ms must be monitored from time to time so that the opportunity to deal with the customers' needs will not be lost?

• Money

• Manpower

• Machinery

• Materials

Which of the following consists of political and legal influences; economic, social demographic, and technological forces and environmental impact?

• Internal environment

• External environment

• Marketing environment

• Macro environment