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PEXAM - ENTREPRENEURSHIP

Total questions: 15

Worksheet time: 9mins

Name
Class
Date
1.

A person who is associated with starting a business is know as

a)

Merchant

b)

Entrepreneur

c)

Salesman

d)

Businessman

2.
An entrepreneur must be...
a)
disorganized
b)
organized
c)
lazy
3.
An entrepreneur can own an online business...
a)
False - entrepreneurs can only create business in person
b)
True - there are companies online as well as in person
4.

What is an entrepreneur?

a)

Someone who is employed

b)

Someone who doesn't work

c)

Someone who has set up their own business

d)

Someone who works from home

5.

What challenges does an entrepreneur face?

a)

money

b)

responsibility

c)

paperwork

d)

all of the above

6.

Is passion one quality that an entrepreneur can have?

a)

yes

b)

no

c)

sometimes

7.

Is money the main reason why people become entrepreneurs?

a)

yes

b)

no

c)

don't know

8.

At what age can you become an entrepreneur?

a)

20

b)

18

c)

50+

d)

any age

9.

Can entrepreneurs be high risk takers?

a)

Yes

b)

No

10.
An entrepreneur must know...
a)
Only the parts of the business they like
b)
No parts of the business management
c)
all parts of business:  finance, marketing, etc.
11.
An individual who undertakes the risk associated with creating, organizing, and owning a business is?
a)
a farmer
b)
a trained salesperson
c)
an entrepreneur
d)
Mathematician
12.
Being held accountable is what characteristic?
a)
Responsible
b)
Self-Confident
c)
Independent
d)
None of the answers
13.

Having a degree in entrepreneurship will assure a person that his business endeavor will succeed.

a)

TRUE

b)

FALSE

14.

Who can be an entrepreneur?

a)

only the wealthy

b)

people over 40 year old

c)

people who go to college

d)

anyone

15.

Which of the following an entrepreneur may develop?

a)

goods

b)

service

c)

idea

d)

all of these