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WorksheetsRelevance of the Course - Entrep
Total questions: 10
Worksheet time: 3mins
Entrepreneurs modernize products, services, or technology. These changes are important for the business to thrive and do not get left behind.
Which of the following best describes this role of an entrepreneur?
Creates Employment
Develops new markets
Introduces innovation
Improves the quality of life
New products are bent and services are improved when entrepreneurs do something for the nation. What does the society benefit from it?
Improves the quality of life
Price of the products will go lower
Entrepreneurs will get more profit
The taxes will be higher
An entrepreneur hungers for ideas to better his/her craft. He/She is committed to achieving his/her goal. Which of the following best describes this attribute of an entrepreneur?
Passion
Self-confidence
Willing to learn
Self-reliant
An entrepreneur is open to criticisms and suggestions as well as open to doors of new ideas. Which of the following best describes this attribute of an entrepreneur?
Passion
Self-confidence
Willing to learn
Self-reliant
What skill of an entrepreneur is needed to handle the pressure of an entrepreneur’s busy lifestyles and the ability to manage time well and to take care of personal business efficiently?
Leadership Skills
Personal Effectiveness
Marketing Skills
Interpersonal Skills
A great entrepreneur is great at governing the people, serve as a role model in the organization and develops vision and goals of the company.
Which of the following skills is needed for an entrepreneur?
Leadership Skills
Team Building Skills
Interpersonal Skills
Communication Skills
When dealing with competition, what is the best way for an entrepreneur to strive in the industry?
Strive to better his products or service
Open another business with a new product
Lower your price half of what your competitor is selling
Give bad reviews on your competitor’s products
A challenge for an entrepreneur to highly expect an easy success during the process.
Finding Good Customers
Assembling a Business Team
Overestimating
Finding Good Employees
Entrepreneurs find places where their products are sold and at the same time look for other people who will be attracted to open for opportunities to engage in the commerce.
Which of the following best describes this role of an entrepreneur?
Creates employment
Develops new markets
Introduces innovation
Improves the quality of life
Having knowledge on entrepreneurship saves much in terms of foreign currency as local enterprises support their OWN RESOURCES not to rely so much in using traded materials.
This means, entrepreneurs ____________________. (Choose the best answer)
Utilizes and mobilizes indigenous resources
Serves as role models
Develops new markets
Stimulates investment interest in the new business ventures being created
