Entrepreneurship Quiz

What is one of the risks mentioned for entrepreneurs?

• Guaranteed success

• Product may not resonate with the intended audience

• No need for funding

• No competition

What is one role entrepreneurs may take on?

• Executive roles

• Customer service

• Janitorial work

• Security

What is one thing entrepreneurs might do with an invention?

• Ignore it

• Form a business around it

• Destroy it

• Give it away for free

What is a characteristic of small business entrepreneurship?

• Large corporate structure

• Small scale operations

• International expansion

• High employee turnover

What is one way entrepreneurship is defined?

• By the size of the company

• By the diversity of types

• By the number of employees

• By the location of the business

Which type of entrepreneurship might involve forming a division to address a new market?

• Small Business Entrepreneurship

• Scalable Startup Entrepreneurship

• Large Company Entrepreneurship

• Social Entrepreneurship

Which type of entrepreneurship is likely to be non-profit?

• Small Business Entrepreneurship

• Scalable Startup Entrepreneurship

• Large Company Entrepreneurship

• Social Entrepreneurship

What is an example of a product that a social entrepreneurship organization might create?

• Luxury cars

• Clean water equipment

• High-end fashion

• Gourmet food

Which type of entrepreneurship allows a company to maintain its original brand?

• Small Business Entrepreneurship

• Scalable Startup Entrepreneurship

• Large Company Entrepreneurship

• Social Entrepreneurship

What is a solution to a perceived problem in small business entrepreneurship?

• Creating new markets

• Providing goods and services

• Maximizing profits

• Reducing costs