Entrepreneurship Quiz

What is the meaning of the term 'entrepreneur'?

• A person who takes risks to establish a business

• A manager in a large corporation

• A teacher in a school

• A government official

Which of the following is a characteristic of entrepreneurship?

• Stability

• Predictability

• Uniformity

• Risk

In which century did Richard Cantillon first use the term 'entrepreneur' academically?

• 16th Century

• 20th Century

• 18th Century

• 19th Century

What is the primary focus of social entrepreneurship?

• Minimizing costs

• Maximizing social impact

• Maximizing profit

• Expanding market share

Which of the following is NOT a type of entrepreneurship?

• Small business entrepreneurship

• Scalable startup entrepreneurship

• Corporate entrepreneurship

• Salary substitute entrepreneurship

What does the term 'intrapreneurship' refer to?

• Entrepreneurship in rural areas

• Managing a family business

• Acting like an entrepreneur within a large organization

• Starting a new business from scratch

Which entrepreneur is known for founding Tesla Inc?

• Aayushi Kc

• Biswas Dhakal

• Elon Musk

• Jack Ma

What is a key function of an entrepreneur in managing a business?

• Minimizing employee involvement

• Controlling the market

• Avoiding risks

• Planning future activities

What is the significance of entrepreneurship for national development?

• Increased taxes

• Higher unemployment

• Capital formation

• Reduced innovation

Which of the following is a trait of successful entrepreneurs?

• Avoidance of risk

• Fear of failure

• Preference for routine

• Desire for independence