Entrepreneurship Quiz

An entrepreneur is primarily known for:

• Following rules

• Managing existing departments

• Taking risks and innovating

• Avoiding market competition

Who is considered the owner of a business?

• Shareholder

• Manager

• Entrepreneur

• Director

A technical entrepreneur:

• Follows traditional practices

• Invests in agriculture

• Uses science and technology

• Works in sales

Entrepreneurs based on gender are classified as:

• Private and Public

• Technical and Non-technical

• Men and Women

• Active and Passive

Which of the following is not a function of management?

• Planning

• Organizing

• Inventing

• Controlling

A person who buys an existing business to reduce risk is a:

• Challenger

• Buyer

• Drone

• Solo Operator

The function of staffing includes:

• Forecasting markets

• Recruitment and training

• Analyzing competitors

• Planning goals

Drone entrepreneurs are known for:

• Accepting innovation

• Copying others

• Strictly following old methods

• Taking bold steps

An entrepreneur who runs a business with minimal staff is a:

• Buyer

• Active Partner

• Solo Operator

• Inventor

What does PODSCORB stand for in management?

• A business law

• A marketing model

• A set of managerial functions

• A tax policy