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TLE (Lesson 4)

Total questions: 10

Worksheet time: 3mins

Name
Class
Date
1.

Good Products that fill a need will always sell well.

a)

TRUE

b)

FALSE

2.

There is no such thing as 100% guarantee of success in business.

a)

TRUE

b)

FALSE

3.

Most of the established business entities out there have only one thing in common and that is the human wants.

a)

TRUE

b)

FALSE

4.

One must also remember that being in the business does not involve a lot of risk.

a)

TRUE

b)

FALSE

5.

The availability of resources in a particular area can also suggest business opportunities.

a)

TRUE

b)

FALSE

6.

The probability of failure can be maximized or increased to a maximum if only there is diligence.

a)

TRUE

b)

FALSE

7.

Business risks are inherent in the business itself.

a)

TRUE

b)

FALSE

8.

Good business idea does not depend purely on intuition or suggestion from others, but is a product of good business analysis.

a)

TRUE

b)

FALSE

9.

You should not stop making improvements and should be innovative to produce diverse kinds of products with the use of these raw materials.

a)

TRUE

b)

FALSE

10.

Asking questions about what other people have experience in their business is not a great way to learn and get ideas.

a)

TRUE

b)

FALSE