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Entrepreneurship - MCQs

Authored by Lhun Dra

Life Skills

10th Grade

Used 3+ times

Entrepreneurship - MCQs
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key characteristic of an entrepreneur?

Avoiding risks

Embracing uncertainty and innovation

Following traditional jobs only

Depending only on others' ideas

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a type of new business venture?

Launching a company

Buying a business

Taking a franchise

Working a 9-to-5 job

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a service business?

A business that manufactures goods

A business that provides work performed by individuals or teams

A business that deals with retail products

A business that only works from home

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these is an example of a manufacturing business?

Banking

Hardware making

Teaching

Transportation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a sole proprietorship business?

A business owned by a single person

A business owned by a company

A business owned by multiple partners

A government-run business

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the relationship between a franchisee and a franchiser?

The franchisee sells the franchiser's product and receives support in return for a fee

The franchiser works under the franchisee

They compete with each other

The franchisee provides financial loans to the franchiser

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key consideration when copying an existing business?

Ensuring it violates copyright laws

Ignoring trademarks and intellectual property

Researching and following legal guidelines

Copying everything exactly as it is

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