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Entrepreneurs

Total questions: 19

Worksheet time: 22mins

Name
Class
Date
1.

Which of these is NOT a skill of an entrepreneur?

a)

Creativity

b)

Interpersonal Skills

c)

Organisation

d)

Sleeping

2.

What is an entrepreneur?

a)

Someone who is employed

b)

Someone who doesn't work

c)

Someone who has set up their own business

d)

Someone who works from home

3.

What challenges does an entrepreneur face?

a)

money

b)

responsibility

c)

paperwork

d)

all of the answers are correct

4.

Is money the main reason why people become entrepreneurs?

a)

yes

b)

no

c)

don't know

5.

At what age can you become an entrepreneur?

a)

20

b)

18

c)

50+

d)

any age

6.

What is a problem of being an entrepreneur?

a)

Making all the decisions by yourself

b)

Keeping all the profits

7.

Entrepreneurs should be?

a)

Stylish

b)

Lazy

c)

Creative

d)

Competitive

8.

This is the simplest form of business organization and has a single owner.

a)

Limited Liability Corporation

b)

Corporation

c)

Sole Proprietorship

d)

Partnership

9.
This type of business organization involves two or more individuals who agree to contribute resources to the business in return for a share of the profit
a)
Corporation
b)
Sole Proprietorship
c)
Limited Liability Corporation
d)
Partnership
10.
The legal obligation to pay any debts of the business.
a)
Financial considerations
b)
Asset
c)
Liabilty
11.

A business that is organized as a proprietorship, but the debts are limited to the assets of the business.

a)

Limited Liability Corporation

b)

Corporation

c)

S Corporation

d)

Cooperative

12.

A separate legal entity with an existence that is owned by investors called stockholders or shareholders.

a)

Sole Proprietorship

b)

Partnership

c)

Corporation

d)

Entrepreneurship

13.

Who is the founder of Microsoft?

a)

Oprah Winfrey

b)

Bill Gates

c)

Elle McPherson

d)

Steve Jobs

14.

Facebook founder worth over $61 billion and takes a salary of only $1?

a)

Jennifer Lopez

b)

Mark Zuckerberg

c)

James Packer

d)

Donald Trump

15.

The writer of the best selling books of all time 'Harry Potter?'

a)

JK Rowling

b)

Steven King

c)

George Orwel

d)

Margaret Atwood

16.
Who started McDonalds?
a)
Ronald McDonald
b)
Raymond McDonald
c)
Ray Kroc
d)
Ray Arches
17.
Who started Wendys?
a)
Dave Andrews
b)
Dave Gates
c)
Dave Miller
d)
Dave Thomas
18.

Who starts a business?

a)

inventor

b)

congressman

c)

president

d)

entrepreneur

19.

What is left after the business pays for everything it uses to provide goods and services.

a)

cash

b)

capital

c)

profit

d)

resource