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Be your own Boss

Total questions: 10

Worksheet time: 9mins

Name
Class
Date
1.

Which is a characteristic of a successful entrepreneur? (hint: choose 3 correct answers)

a)

Motivated

b)

Takes very little risk

c)

Passionate

d)

Hard-working

2.

Elon Musk is one of the greatest innovators in the last 30 years. He... ((hint: choose 3 correct answers)

a)

Co-founded Google

b)

Co-founded Paypal

c)

Founded the company SpaceX

d)

Founded the company Tesla

3.

Why do you need a business plan? (hint: choose 3 correct answers)

a)

To raise capital

b)

Gets everyone involved to focus on the same goals

c)

Gives an objective look at what you are doing and why

d)

It is required by law

4.

Reid Hoffman is one of the greatest innovators in the last 30 years. He was the founder of

a)

Snapchat

b)

Twitter

c)

Groupon

d)

LinkedIn

5.

This famous innovator & entrepreneur was a scientist, printer, inventor, author, & businessman.

a)

John D. Rockefeller

b)

Benjamin Franklin

c)

Thomas Edison

d)

Henry Ford

6.

The process of creating something new that makes life better is called...

a)

Technology

b)

Innovation

c)

Brand recognition

d)

Opportunity cost

7.
A business owned by two or more people.
a)
Sole proprietorship
b)
corporation
c)
Entrepreneurship
d)
Partnership
8.
Entrepreneurs look for business ideas and new and better ways to solve problems.
a)
True
b)
False
9.
Entrepreneurs want to be their own bosses, set their own working hours, and make their own decisions.
a)
True
b)
False
10.
When setting the prices of goods or services, business owners must consider the prices charged by competitors.
a)
True
b)
False