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Nature of Entrepreneurship

Total questions: 18

Worksheet time: 14mins

Name
Class
Date
1.

What is entrepreneurship?

a)

To develop, organize and manage a business venture with risks in order to make a profit.

b)

The art of making a deal.

c)

An innovating idea.

d)

Being competitive in the global marketplace.

2.

What are two characteristics of an entrepreneur?

a)

strong and bold

b)

risk taker and innovative

c)

curious and intelligent

d)

hardworking and smart

3.
The act of assuming the risk of organizing productive resources to produce goods and services.
a)
business
b)
critical thinking
c)
entrepreneurship
d)
risk management
4.

Who created Rituals Coffee House?

a)

Mario Sabga

b)

Dean Ackin

c)

JK Rowling

d)

Walt Disney

5.
Business entity that is easy to start and has a single owner.
a)
proprietorship
b)
partnership
c)
limited liability company
d)
corporation
6.

Which is NOT a common characteristic of an entrepreneur?

a)

creative

b)

risk-taker

c)

organized

d)

irresponsible

7.

Entrepreneurs cannot own franchises.

a)

true

b)

false

8.

Name the entrepreneur

(a)  

9.

_____________________ uses resources (i.e. money, time, etc.) provided by the company.

a)

Intrapreneur

b)

ENtrepreneur

10.

Name the entrepreneur

(a)  

11.
Who isn't an Entrepreneur
a)
Person hired to mow lawns
b)
Person who buys lawnmower to cut neighbors yard for $20
12.

…when people inside the business think of new ideas or opportunities for the business?

a)

skills and hobbies

b)

intrapreneurship

c)

R&D

d)

experiences

13.

Who is this entrepreneur?

a)

Lord Sugar

b)

Richard Branson

c)

Steve Jobs

d)

Kanye West

14.

What company did this famous entrepreneur start?

a)

Instagram

b)

Twitter

c)

Facebook

d)

Snapchat

15.

Which of these is NOT a skill of an entrepreneur?

a)

Creativity

b)

Interpersonal Skills

c)

Organisation

d)

Sleeping

16.

Which of the following is an example of a social entrepreneur in Trinidad?

a)

Lisa Wickham

b)

Chevaughn Joseph

c)

Machel Montano

d)

Mario Sabga

17.

an employee who promotes innovation within the limits of the organization

a)

entrepreneur

b)

Intrapreneur

18.

Which of the following is an example of social entrepreneurship in Trinidad?

a)

Rituals Coffee House

b)

Living Waters Community

c)

Tribe Carnival

d)

None of the above