Revision Techno

Which of the following best defines an entrepreneur?

• A person who manages a family business

• A person who starts and operates a business while taking financial risks

• A person who inherits a business

• A person who works under a manager

Entrepreneurship refers to:

• Buying shares from a company

• The process of starting and operating a new business

• Investing money in the stock market

• Expanding an existing company abroad

Technopreneurship can best be described as:

• Entrepreneurship that involves traditional business models

• Business activities that depend on labor rather than innovation

• Entrepreneurship driven by technological innovation

• Entrepreneurship focused on agriculture and manual labor

In the Business-to-Business (B2B) model, transactions occur between:

• Government and individuals

• Two companies

• Company and customer

• Company and employee

Which of the following is an example of a Business-to-Consumer (B2C) model?

• Alibaba.com

• Lazada

• UEM Group

• Sime Darby Engineering

A subscription-based model allows customers to:

• Pay one-time to own the product

• Pay regularly to access a service or product

• Buy products in bulk

• Use services for free

An on-demand business model focuses on:

• Producing goods for export

• Providing services instantly or with minimal waiting time

• Developing products for wholesalers

• Selling through physical stores only

Which of the following is an example of an on-demand business?

• Netflix

• Foodpanda

• Microsoft

• Shopee

Entrepreneurship improves productivity by:

• Increasing the number of small shops

• Forcing workers to work longer hours

• Introducing more efficient and competitive firms

• Reducing the need for innovation

Entrepreneurs help create jobs by:

• Importing foreign labor

• Starting new firms that employ others

• Limiting competition in the market

• Depending on government hiring