WorksheetsEntrepreneurship 1
Total questions: 25
Worksheet time: 14mins
Which is an employee who promotes innovation within the limits of the organization?
entrepreneur
Intrapreneur
Who starts a business with a new idea?
Entrepreneur
Intrapreneur
None of the above
Someone who invests in a new business is a __________.
Venture Capitalist (shark)
Bank
Customer
Accountant
A/An ______ is best described by stating it is any business that is independently owned and operated and is not dominate in its market.
strategic alliance
corporation
small business
Entrepreneurs find ways to avoid business risk.
true
false
Who is known as the father of entrepreneurship?
Richard Cantillon
Jean Batiste Say
Peter Drucker
Max Weber
The first step in the entrepreneurial process is
Opportunity Identification
Development of the business concept
Idea Generation
Implementation of the concept
Which of the following is NOT a driver of contemporary entrepreneurship?
Ease of entry into the informal sector
Stable Demand
ICT
Globalization
Sources of opportunities include
Current markets
Social stability
Demographic changes
Existing technology
Which method of intellectual property protection ensures that the process of making a product is protected
Copyright
Branding
Patent
Industrial Design Rights
Entrepreneur is derived from the French word
Sourire
Bonheur
Entreprendre
Comme
Thoughts or concepts that come from creative thinking are called
advantages
opportunities
insights
ideas
Which one is NOT a disadvantage of Entrepreneurship?
Risky
Uncertain Income
You are the boss
Work long hours
Which one is NOT an advantage of Entrepreneurship?
Can choose a business of interest
You can be creative
Make a lot of money
You will make decisions alone
Includes patents, trademarks, copyrights, and trade secrets. Represents important assets to the entrepreneur.
Intellectual property
patent
copyright
This term protects original works of authorship (books, movies, music, etc.)
copyright
patent
trademark
A person who operates a business, taking in greater than normal financial risks in order to do so.
entrepreneur
intrapreneur
saleman
risk taker
A manager within a company who promotes innovative product development and marketing.
intrapreneur
entrepreneur
sole proprietorship
partnership
Entrepreneurs are born, not made.
This statement is false because you can learn skills and develop the traits needed to be an entrepreneur
This statement is true because you either have it, or you don't.
