wayground logo

Free Printable Worksheets

NEW

Font size

S
M
L
XL
Worksheets

Entrepreneurship Basics

Total questions: 15

Worksheet time: 6mins

Name
Class
Date
1.

Which is not a reason someone becomes an entrepreneur?

a)

Have a great idea

b)

Wants to make lots of money

c)

Doesn't want to work too much

d)

Wants to make their own hours

2.

Someone who exercises initiative by organizing a venture to take benefit of an opportunity and, as the decision maker, decides what, how, and how much of a good or service will be produced is called a _________.

a)

entrepreneur

b)

employee

c)

store manager

d)

accountant

3.

Which is NOT a disadvantage of entrepreneurship?

a)

Risky

b)

Make all of the decisions yourself

c)

Outcomes can be uncertain

d)

Get to make your own hours

4.

_________ is the quality of being honest and having strong moral principles;

a)

Equality

b)

Ethical Behavior

c)

Integrity

d)

Dignity

5.

Someone who is hired to work for someone else is a(n) ___________.

a)

entrepreneur

b)

employee

c)

partner

d)

investor

6.

_________ is acting in ways consistent with what society and individuals typically think are good values.

a)

Actions

b)

Integrity

c)

Values

d)

Ethical Behavior

7.

There are over _____ businesses owned by women.

a)

500,000

b)

2 million

c)

7.5 million

d)

14 million

8.

The action or process of interacting with others to exchange information and develop professional or social contacts is called _________.

a)

gathering

b)

connecting

c)

dating

d)

networking

9.

______ focuses on recognizing a business opportunity, starting a business based on the recognized opportunity, and operating and maintaining that business.

a)

Capital

b)

Bids

c)

Entrepreneurship

d)

Accounts

10.

Typically entrepreneurs have which characteristic?

a)

They are all the same age

b)

They are all the same race

c)

They are all the same gender

d)

Entrepreneurs don't fit into any particular demographic

11.

What is the term for a new business undertaking that involves risk?

a)

idea

b)

venture

c)

opportunity

d)

task

12.

Which is NOT a characteristic of a successful entrepreneur?

a)

Creative

b)

Fixed Mindset

c)

Strong Work Ethic

d)

Determined

13.

Which is NOT one of the 5 C's of being a good team member?

a)

Contemptuous

b)
  1. Commitment

c)
  1. Competency

d)

Cooperation

14.

_______ assume the risk. They are directly affected by the business.

a)

Employees

b)

Managers

c)

Entrepreneurs

d)

Principals

15.

About ____ percent of new businesses fail within their first year.

a)

5

b)

20

c)

33

d)

45