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WorksheetsSmall Business Enterprise
Total questions: 10
Worksheet time: 5mins
Name
Class
Date
1.
Full form of MSME is
a)
a. Mini, small and Micro Enterprises
b)
b. Micro, Small and Medium Enterprises
c)
c. micro, Small and Macro enterprises
d)
d. Micro, small and Mini Enterprises
2.
The process of starting & operating one's own business.
a)
Entrepreneurship
b)
Entrepreneur
c)
Venture
3.
Who can own a small business?
a)
Only a college graduate
b)
Anyone
c)
Only someone with a lot of money
d)
Only smart people
4.
What is an entrepreneur?
a)
A person who is in charge of a specific location.
b)
A person who works for someone else in order to learn skills.
c)
A person who organizes and operates a business or businesses.
d)
None of these
5.
ALL entrepreneurs have a college degree.
a)
True
b)
False
6.
The activity of presenting products or services to customers
a)
selling
b)
producing
c)
marketing
7.
A new or different product
a)
Harvesting
b)
Innovation
c)
Opportunity
d)
Risk
8.
Which is NOT a common characteristic of an entrepreneur?
a)
risk-taker
b)
creative
c)
organized
d)
irresponsible
9.
A concept that can be used to make money.
a)
Business
b)
Entrepreneur
c)
Small Business
d)
Business idea
10.
Provide intangible products.
a)
Manufacturing Business
b)
Entrepreneur
c)
Service Business
d)
Merchandising Business
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