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Entrepreneurship Quiz

Total questions: 7

Worksheet time: 4mins

Name
Class
Date
1.

Kirk owns a food stall. He offers food and delivery services. Therefore he is a __________.

a)

seller

b)

buyer

c)

debtor

d)

consumer

2.

Kim ordered food online. She is a _________.

a)

seller

b)

buyer

c)

debtor

d)

creditor

3.

The buyer is also called____________.

a)

consumer

b)

manufacturer

c)

producer

d)

debtor

4.

The seller must possess the following quality except;

a)

As a person he/she must be in good health, possess character such as being cheerful, honest and prompt in attending his costumers.

b)

He/she must have an adequate knowledge of what he/she is selling, can compute the cost of his product, determine its selling price and profit.

c)

He/She must think on how to gain more profit than services

d)

Must have pleasing personality

5.

The following are the steps in making our product, which is not?

a)

Design your product

b)

Decide what materials to use.

c)

Copy the product of others.

d)

Advertise your product.

6.

What type of entrepreneurial business actually produce the products they sell?

a)

Producer

b)

Retailer

c)

Manufacturer

d)

Wholesaler

7.

Entrepreneur is the one who undertakes entrepreneurial activities

a)

True

b)

False