WorksheetsQuiz
Total questions: 20
Worksheet time: 7mins
Guess the famous entrepreneur
Oprah Winfrey
Benjamin Franklin
Larry Page
Henry Ford
People who own, operate, and take risk of a business venture
Entrepreneur
Entrepreneurship
Employer
Option 1 &2
None
A business operating internationally can be successful using ___________
Turnkey projects
Joint venture
Merger
Synergy
Entrepreneurial success has been significant because of the culture and the political and economic system in _______
European countries
Asian countries
Transition economies
Middle east
Which is the balance points of Entrepreneurship?
Means of social changes
Increase in employment opportunities
Optimum utilisation of resources
All of the above
The entrepreneur utilizes the resources through
Identifying and evaluating the opportunity
Developing a business plan
Implementing the business plan
Manage the enterprise.
Which is the organisation supporting entrepreneurs?
National Entrepreneurship Development Board
Export Promotion Council
Small Industry Service Institute
All of the above
Select the traits of an entrepreneur (any 3)
Passionate
Less risk taker
Hard-working
Motivated
Which is/are the objectives of Entrepreneurial Development Programmes?
All of the options
None
Promotion of self-employment
Promotion of cottage and small scale industries
Promotion of first generation businessmen
Roasted is a community-driven coffee shop that opened locally. They have 10 employees. They are
an example of a startup
an example of a small business
Which of the following is the most important for the entrepreneur, while starting a new venture, to make an assessment of?
Risk
Profit
Market
Competitors
An entrepreneur doing business within the national border is called
International entrepreneurship
Intrapreneurship
Domestic entrepreneurship
Imports
Innovation theory includes
To create a new department
To open a new market
To present a new product
All of the above
The entrepreneur in an advanced economic is an individual who _______ something new into the economy - a method of production not yet tested by experience in the branch of manufacture concerned, a product with which consumers are not yet familiar, a new source of raw material, new markets and the like.
Introduces
Produced
Reduced
Increased
"The entrepreneur is more than a manager. He or (she) is an innovator and promoter as well." Who said it?
George Gilder
Forrest H. Frantz
Joseph A. Schumpeter
Peter F. Drucker
Capital rising entirely depends on the entrepreneur in which of the following entity
Corporation
Sole Proprietorship
Partnership
All of the above
Which is the part of concept of Entrepreneurship?
High achievement capacity
Organisation building
Group level reaction
All of the above
Entrepreneurial experience becomes increasingly important as
Work load increases
Complexity of venture increases
Complexity of work increases
None of the above.
Individuals who help the entrepreneur in business activities are called
Role models
Moral support networks
Professional support networks
Business support networks.
The word “entrepreneur” originates from a thirteenth-century ____________ verb, "entreprendre", meaning to do something
Spanish
Greek
French
German
