Entrepreneurship Types Quiz

What is the definition of entrepreneurship?

• Managing personal finances

• Building, launching, and running a business

• Investing in the stock market

• Working for a large company

James is planning to start his own business but is unsure which type of entrepreneurship to pursue. Why is it important for James to understand different types of entrepreneurship?

• To make friends in business

• To match strategy, resources, and risk

• To avoid paying taxes

• To guarantee success

Which type of entrepreneurship usually aims to support self or family rather than massive growth?

• Large Company Entrepreneurship

• Small Business Entrepreneurship

• Scalable Startup Entrepreneurship

• Innovative Entrepreneurship

Grocery stores, salons, and plumbers are examples of:

• Large Company Entrepreneurship

• Social Entrepreneurship

• Small Business Entrepreneurship

• Hustler Entrepreneurship

Innovation within big companies to stay competitive is an example of:

• Large Company Entrepreneurship

• Researcher Entrepreneurship

• Scalable Startup Entrepreneurship

• Imitator Entrepreneurship

Which of the following companies is an example of Large Company Entrepreneurship?

• Facebook

• Microsoft

• Uber

• Instagram

Scalable startup entrepreneurs typically aim to:

• Support family income

• Change the world

• Improve existing businesses

• Avoid financial risk

Which of these is MOST associated with venture capital funding?

• Small Business Entrepreneurship

• Scalable Startup Entrepreneurship

• Hustler Entrepreneurship

• Buyer Entrepreneurship

Which of the following is an example of Scalable Startup Entrepreneurship?

• Disney

• Uber

• Local restaurant

• Barber shop

Social entrepreneurs focus primarily on:

• Generating maximum profits

• Solving social problems

• Copying existing ideas

• Avoiding risk