Entrepreneurship Quiz

Who is an Entrepreneur?

• A person who works for a company

• A person who starts and manages a business

• A customer buying products

• A manager in an organization

Entrepreneurship is best described as…

• The process of managing government projects

• The process of starting and running a business

• A method of controlling employees

• A way to avoid risks

Which is NOT a characteristic of an entrepreneur?

• Creative and innovative

• Risk-taking

• Visionary

• Afraid of failure

Which of the following is part of the Entrepreneurship Process?

• Idea generation

• Sleeping

• Copying competitors

• Ignoring customers

Which of this is NOT an essential quality of a true opportunity?

• Attractive

• Responsibility

• Timely

• Value-Creating

Business Plan vs Business Model Canvas – which is TRUE?

• Business Plan = Long document; BMC = 1-page chart

• Business Plan = Quick tool; BMC = Very detailed

• Both are exactly the same

• Business Plan is only for startups

Which is BEST for brainstorming new ideas?

• Business Plan

• Business Model Canvas

• Financial Report

• Marketing Advertisement

Example of a successful Entrepreneur is…(Choose more than 1)

• Cristiano Ronaldo

• Tony Fernandes

• Elon Musk

• Aliff Syukri

Which of the following is NOT part of the 9 building blocks in Business Model Canvas (BMC)?

• Customer Segments

• Revenue Streams

• Key Partnerships

• Government Regulations

Entrepreneurship is important for a country. EXCEPT?

• Creates jobs

• Contributes to economic growth

• Promotes innovation

• Reduces competition