wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Fundamentals of Entrepreneurship

Total questions: 11

Worksheet time: 16mins

Name
Class
Date
1.
What is an entrepreneur?
a)
A person who is in charge of a specific location.
b)
A person who works for someone else in order to learn skills.
c)
A person who organizes and operates a business or businesses.
d)
None of these
2.
Which is NOT a common characteristic of an entrepreneur?
a)
risk-taker
b)
creative
c)
organized
d)
irresponsible
3.

Which is a characteristic of a successful entrepreneur?

a)

Motivated

b)

Takes very little risk

c)

Passionate

d)

Hard-working

4.
The process of starting and running a business.
a)
Entrepreneurship
b)
Technical Skills
c)
Independent Skills
5.

What is the challenge of creativity and innovation?

a)

They refer to the same thing

b)

Too often there is an assumption that creativity automatically leads to actual innovation

c)

They are two different concepts that are hard to be put together

6.

What is Innovation?

a)

Short term goals in the business

b)

How many times a business has changed their product.

c)

A "new idea, creative thoughts, new imaginations in form of device or method".

d)

the exclusive and assignable legal right, given to the originator for a fixed number of years, to print, publish, perform, film, or record literary, artistic, or musical material.

7.

What is the importance of Innovation?

a)

Management research confirms that organisations that

meet the innovation challenge out perform their

competitors in terms of market share, profitability, growth

and market capitalisation (Tidd, Bessant, & Pavitt, 2005).

b)

innovative organisations are better able to mobilize the knowledge, skills and experiences of people and successfully create new products, services and ways of getting things done faster, better and cheaper.

c)

Although creativity is innovations's precursor, both are key issues for organisational survival growth.

d)

All of the Above

8.
Creative Is . . .  
a)
a.  The act of turning new and imaginative ideas into reality 
b)
b.  The process of bringing something new into being
c)
c.  Requires passion and commitment.
d)
d. All of the above
9.
To develop your creativity, you should…  
a)
a.  Commit Yourself to Developing Your Creativity
b)
b.  Reward Your Curiosity
c)
c.  Be Willing to Take Risks
d)
d. All of these will develop creativity.
10.
To enhance your creativity, you should…  
a)
a.  Not be willing to take risks
b)
b.  Be insecure in your abilities
c)
c. None of these
d)
d.  All of these
11.
The act of assuming the risk of organizing productive resources to produce goods and services.
a)
business
b)
critical thinking
c)
entrepreneurship
d)
risk management