WorksheetsEntrep diagnostic test
Total questions: 35
Worksheet time: 57mins
An entrepreneur is someone___________.
Someone who works for a new business
Someone who starts a new business
Someone who takes over an existing business
Someone who does not want to work
It is the type of a business where of most entrepreneurs started.
Partnership
Corporation
Sole Proprietorship
Cooperative
An entrepreneur is knowledgeable of .......
Only the parts of the business they like
No parts of the business management
all parts of business: finance, marketing, etc.
His/ her competitor.
It is one of the reasons why people become entrepreneurs.
Feeling insecure
They like to be the ONLY one doing everything
They are doing what they enjoy
They want to be famous.
It is one of the characteristics of an entrepreneur.
disorganized
organized
lazy
gambler
An entrepreneur can own an online business...
False - entrepreneurs can only create business in person
True - there are companies online as well as in person
Maybe
None of the above
It is a business owned and run by 2 or more people is called...
Partnership
Sole Proprietorship
Corporation
Cooperative
It is one of the benefit of starting a corporation
You are the only one responsible
There is limited liability
You have to come up with ALL of the start money
Gain friends
It is a negative (drawback) of starting a sole proprietorship.
You have to raise ALL of the money yourself
You make all of the decisions
All of the profits belong to you
You are the boss of your own business.
It is the most difficult type of company to start.
Sole proprietorship
Partnership
Corporation
Cooperative
He is the founder of Atari and Chuck E. Cheese.
Jake Burton
Jake Burton
Sherwood Noble
Martha Stewart
Nolan Bushnell
He started the Amazon.
Nolan Bushnell
Marcel Bish
Jeff Bezos
Howard Schultz
He is the one who started a business.
inventor
congressman
president
entrepreneur
It left's after the business pays everything it uses to provide goods and services.
cash
capital
profit
resource
It is NOT a factor of production.
land
profit
labor
capital
It is not a land production.
trees
water
soil
money
It is NOT a factor of production "labor".
employee
managers
entreprenuer
factory worker
It is NOT an example of a capital.
truck
money
packaging materials
employer
It is what an entrepreneur can do with his/ her business.
take a risk
spend all of your savings
borrow from investors
alll of the above
It is an example of intangible assets.
cell phone
car
shoes
good character
It is the amount of a product offered for sale.
demand
good
service
supply
It is the need for a product or service that people are willing to pay for.
good
supply
demand
specialty
Money the main reason why people become an entrepreneurs.
yes
no
don't know
maybe
It is the age that you can become an entrepreneur.
20
18
50+
any age
It is a problem of being an entrepreneur.
Making all the decisions by yourself
Keeping all the profits
Lot's of loans.
Risk taker.
It is the legal obligation to pay any debts of the business.
Financial considerations
Asset
Liability
Loans
It is a business that is organized as a proprietorship, but the debts are limited to the assets of the business.
Limited Liability Corporation
Corporation
S Corporation
Cooperative
He is the founder of Microsoft.
Oprah Winfrey
Bill Gates
Elle McPherson
Steve Jobs
He is writer of the best selling books of all time 'Harry Potter.
JK Rowling
Steven King
George Orwel
Margaret Atwood
He is the founder of Apple company.
Steve Jobs
Bill Gates
Mark Zuckerberg
David Abney
He is the founder of Nike.
Calvin Nike
Mike Lauder
David Filo
Phil Knight
He started Google.
Steve Jobs
Bill Gates
Larry Page & Sergei Brin
Mark Zuckerberg
He is the founder of Kentucky Fried Chicken.
Collin Sample
Calvin Schultz
Kennedy Kentucky
Colonel Sanders
He started Facebook.
Steve Jobs
Steve Wozniak
Mark Zuckerberg
Bill Gates
He started Puma & Adidas.
Adolf Damschlein
Adolf Dellons
Adolf Dassler
Adolf Dissinger
