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WorksheetsEntrepreneurship -Concepts and Functions
Total questions: 12
Worksheet time: 6mins
The function involves making appointments for the positions created by the organisational process.
Planning
Coordination
Directing
Staffing
It is decision making in advance: what to do, when to do, how to do and who will do a particular task
Organising
Planning
Directing
Controlling
A commercial function concerned with the movement of goods and services from the producer to the ultimate consumer.
Accounting
Financing
Marketing
Production
Entrepreneurs are ____________ for nation.
Liability
Burden
Life Line
None of the above
Entrepreneurs provide _________ benefit by providing goods/services, raising living standard and job opportunity.
Personal Benefit
Social Benefit
None of the above
It is the process of identifying opportunities in the market place and marshalling the resources required to pursue the opportunities for long term gains.
Entrepreneur
Entrepreneurship
Enterprise
None of the above
Entrepreneurs create ____________________ for themselves and others.
wealth
risk
plans
none of these
