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WorksheetsEntrepreneur - Assessment
Total questions: 20
Worksheet time: 10mins
Name
Class
Date
1.
Entrepreneurs are people that notice opportunities and take the initiative to mobilize resources to make new goods and services.
a)
True
b)
False
2.
Intrapreneurs also notice opportunities and take initiative to mobilize resources, however they work in large companies and contribute to the innovation of the firm.
a)
True
b)
False
3.
Entrepreneurs are Made, Not Born!
a)
True
b)
False
4.
A step-by-step outline of how an entrepreneur or the owner of an enterprise expects to turn ideas into reality.
a)
Business Plan
b)
Outcome
c)
Output
5.
a)
True
b)
False
6.
New industries are born when technological change produces a new opportunity that an enterprising entrepreneur seizes.
a)
True
b)
False
7.
Entrepreneur is derived from the French "_________,
meaning “to undertake.”
meaning “to undertake.”
a)
entreprendre
b)
entrepinde
c)
Market
8.
The entrepreneur is one who undertakes to organize, manage, and assume the risks of a business.
a)
True
b)
False
9.
A dynamic process of vision, change, and creation.
a)
Entrepreneurship
b)
Entrepreneur
c)
Intrapreneur
10.
It is the process by which entrepreneurs convert opportunities into marketable ideas.
a)
Innovation
b)
Successful
c)
Ideas
11.
It is a combination of the vision to create a good idea and the perseverance and dedication to remain with the concept through implementation.
a)
Innovation
b)
Ideas
c)
Vision
12.
It is a key function in the entrepreneurial process.
a)
Innovation
b)
Process
c)
Promotion
13.
Totally new product, service, or process
a)
Invention
b)
Expansion
c)
Evolution
14.
New use or different application of an already existing product, service,
or process
or process
a)
Extension
b)
Evolution
c)
Procedures
15.
Creative replication of an existing concept
a)
Duplication
b)
Extension
c)
Innovation
16.
Combination of existing concepts and factors into a new formulation or use
a)
Synthesis
b)
Innovation
c)
Extension
17.
______ whose goal is to create or capitalize on new economic opportunities through innovation En
a)
Person
b)
Animals
c)
Robot
18.
______ through which entrepreneurs create and grow enterprises
a)
Process
b)
Creation
c)
Modified
19.
______ where significant economic and social entrepreneurial activity exists within an effective system of public and private support En
a)
Community
b)
Buyer
c)
Place
20.
Skunkworks = Islands of intrapreneurial activity within an organization.
a)
True
b)
False
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