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Entrepreneurship Unit 1 : Module 1 Quiz [Part A]
Quiz
•
Business
•
12th Grade
•
Practice Problem
•
Hard
Kadene Wallace
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19 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary focus of Module 1 in the Entrepreneurship course?
Exploring cultural diversity
Studying economic theories
Learning about small business management
Understanding the entrepreneurial mindset
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following best describes a 'nascent entrepreneur'?
An entrepreneur who has been in business for years
An entrepreneur with multiple businesses
An entrepreneur who has just started a business
An entrepreneur who works within a corporation
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to Richard Cantillon, what is a key characteristic of an entrepreneur?
Risk-taking
Ability to manage a team
Marketing expertise
Financial management skills
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What did Jean Baptiste Say contribute to the understanding of entrepreneurship?
The concept of risk-taking
The definition of small business
The importance of team building
The role of market conditions
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did Frank Knight expand the views of entrepreneurship?
By discussing cultural influences
By defining entrepreneurship in economic terms
By focusing on risk-taking as essential
By emphasizing the importance of innovation
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does Max Weber's theory suggest about the motivation behind entrepreneurship?
Economic conditions
Cultural influences
Personal ambition
Technological advancements
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which entrepreneur is known for the concept of 'creative destruction'?
David McClelland
Richard Cantillon
Peter Drucker
Joseph Schumpeter
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