
Entrepreneurship Quiz
Quiz
•
Geography
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Professional Development
•
Practice Problem
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Hard
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a key characteristic of a successful entrepreneur?
Risk-taking
Creativity
Complacency
Resilience
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An entrepreneur who starts a business to pursue a personal passion rather than purely for financial gain is primarily driven by:
Profit maximization
Ethical considerations
Non-financial motives
Cost efficiency
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of an intrinsic motive for entrepreneurship?
Earning a high income
Gaining recognition from others
Achieving personal satisfaction
Expanding the business internationally
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following best describes an entrepreneur?
Someone who works for a company
Someone who creates and manages a business, taking financial risks
Someone who invests in other businesses but does not manage them
Someone who only works for social enterprises
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary difference between an entrepreneur and an intrapreneur?
An entrepreneur takes financial risks, whereas an intrapreneur innovates within an organization
An intrapreneur runs a business, whereas an entrepreneur works in a company
An entrepreneur focuses only on social enterprises, whereas an intrapreneur does not
There is no difference between them
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Entrepreneurs who start businesses mainly to make a positive social impact are known as:
Lifestyle entrepreneurs
Social entrepreneurs
Corporate entrepreneurs
Serial entrepreneurs
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the term 'profit satisficing' mean in relation to entrepreneurial motives?
Earning the maximum possible profit
Earning just enough profit to maintain a desired lifestyle
Reducing prices to attract more customers
Maximizing shareholder value
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