Entrepreneurship Quiz

Which of the following is Adam Smith’s definition of an entrepreneur?

• An entrepreneur is an individual who embarks on doing a job

• An entrepreneur is an individual who acts as a mediator in converting demand into supply.

• An entrepreneur is an inventor in a private enterprise

• An entrepreneur is an individual with a greater need for achievement

In Hertzberg’s Two Factor Theory, which of the following is NOT a motivator factor?

• Achievement

• The work itself

• Salary and job security

• Individual growth and development

Alif Syukri continues to advertise his product every year during Raya despite being ridiculed and insulted by netizens on social media. Which of the personal entrepreneurial competencies by McClelland and McBer (1985) is being exercised by Alif?

• Persistence

• Persuasion

• Problem solving

• Information seeking

The following are reasons why a person become an entrepreneur, EXCEPT:

• Being a boss

• Financial reward

• Being a politician

• Examine own ideas

Syarikat Royal and Benson is a manufacturer of carbonate drinks. They have 50 employees currently. What type of enterprise is Syarikat Royal and Benson?

• Micro

• Small

• Medium

• Large

Which of the following is the appropriate definition of medium enterprises in the manufacturing category?

• Sales turnover from RM300,000 to less than RM15million OR employees from 5 to less than 75

• Sales turnover from RM300,000 to less than RM3 million OR employees from 5 to less than 30.

• Sales turnover from RM15 million to not exceeding RM50 million OR employees from 75 to not exceeding 200

• Sales turnover from RM3 million to not exceeding RM20 million OR employees from 30 to not exceeding 75

McBer and McClelland (1985) have listed 13 entrepreneurial competencies that must be possessed by entrepreneurs except:

• Playing with idea

• Seeing and acting on opportunities

• Maintaining high-quality work

• Problem-solving

The following is exemplary conduct of good Muslim entrepreneurs except

• A. Business is secondary when being called for other forms of crusade.

• B. Not afraid of accumulating wealth.

• C. Avoid using influence for self-interest.

• D. Practice a moderate way of life

All the following are examples of characteristics of an innovative entrepreneur except

• A. Uninhibited intellectual freedom

• B. Ability to overcome obstacles.

• C. No strong sense of integrity

• D. Goal-oriented productivity

All the following are examples of key partnerships in a business model canvas except

• A. Strategic alliance

• B. Competitor

• C. Joint venture

• D. Buyer-supplier relationship