1st Quarterly Exam in TLE 9

The main goal of an entrepreneur is:

• To become wealthy only

• To create a business and provide jobs

• To evade taxes

• To build a factory without a plan

Which of the following characteristics should an entrepreneur possess?

• Laziness

• Fear of risk

• Creative and resourceful

• Fond of wastefulness

What is the term for the entrepreneur's ability to accept challenges and risks?

• Creativity

• Risk-taking

• Scarcity

• Savings

Successful entrepreneurs are always:

• Adapting to change

• Unwilling to accept suggestions

• Always relying on others

• Only thinking of their own interests

What does business environment mean?

• Place of business

• Factors inside and outside the business that affect its operations

• Workers of a company

• Source of capital

Which of the following is the internal environment of a business?

• Competition

• Government

• Company culture

• External technology

Which of the following is part of the external environment?

• Company structure

• Workers

• Consumer preferences

• Capital

When a person has a high interest in health, what type of business environment factor is this?

• Sociocultural

• Political

• Economic

• Technological

The change in the price of goods is part of what factor of the business environment?

• Technological

• Economic

• Socio-cultural

• Political

The new law regarding taxes falls under:

• Political-legal factor

• Socio-cultural

• Economic

• Internal environment