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Worksheets

MQUIZ - ENTREP

Total questions: 30

Worksheet time: 15mins

Name
Class
Date
1.

What is the meaning of "to give something away and get money in exchange"?

a)

sell

b)

buy

2.

What is the meaning of "No money"?

a)

broke

b)

rich

3.

Something that not expensive

a)

cheap

b)

overpriced

4.

Something costs a lot of money

a)

expensive

b)

cheap

5.

when you are able to buy something

a)

afford

b)

repay

6.

when you return the money that you borrowed

a)

afford

b)

repay

7.
An entrepreneur is someone 
a)
Someone who works for a new business
b)
Someone who starts a new business
c)
Someone who takes over an existing business
d)
Someone who does not want to work
8.

What challenges does an entrepreneur have?

a)

all of the above

b)

drive

c)

responsibility

d)

money

9.

What challenges does an entrepreneur have?

a)

all of the above

b)

drive

c)

responsibility

d)

money

10.

True or False. Only adults can be entrepreneurs. Kids are too young.

a)

True

b)

False

11.

What entrepreneur qualities do YOU need ?

a)

Determination

b)

Self-discipline

c)

Team-working skills

d)

All of the above

12.

Which of these is NOT a skill of an entrepreneur?

a)

Creativity

b)

Sleeping

c)

Interpersonal Skills

d)

Organization

13.

Confidence is:

a)

believing in your own skills and that your product will be a success.

b)

thinking of new ideas or new ways of doing things.

c)

not being afraid of things going wrong.

14.

Independence is:

a)

not being afraid of things going wrong.

b)

liking to be in charge and not liking being told what to do.

c)

believing in your own skills and that your product will be a success

15.

Being held accountable is what characteristic?

a)

Independent

b)

Self-Confident

c)

Responsible

d)

None of the answers

16.

Not afraid to do new things is what characteristic?

a)

Problem-solving & Decision-making Skills

b)

Independent

c)

Human Relations Skills

d)

Risk Taker

17.

Not giving up and keep trying is what characteristic?

a)

Persistent

b)

Creative

c)

Self-Confident

d)

Responsible

18.

refers to the tangible good or intangible service offered by the business to the target consumers

a)

product

b)

place

c)

pricing

d)

promotion

19.

A person who decides to obtain products (goods and/or services) in exchange for his money or asset

a)

A.

Buyer

b)

B.

Seller

c)

C. Market

20.

A person who decides to obtain

money or asset in exchange for

his/her products (goods and/or

services); meets and fulfills what

is in demand by the market

a)

A.

Stategist

b)

B.

Seller or Entrepreneur

c)

C. Market

21.

An ideal entrepreneur has contingency plans for unfavorable situations that may hit business enterprise.

a)

YES

b)

NO

22.

An ideal entrepreneur is a careful planner. He/She sees the vision and direction his business is going ; therefore, methods and contingencies are put in place.

a)

Strategist

b)

Confident

c)

Honest

23.
Entrepreneurs are Made, Not Born!
a)
True
b)
False
24.
A step-by-step outline of how an entrepreneur or the owner of an enterprise expects to turn ideas into reality.
a)
Business Plan
b)
Outcome
c)
Output
25.

The entrepreneurial focus which looks at a new thing or a new way of doing things is

a)

customer-focus.

b)

innovation.

c)

creation.

d)

efficiency.

26.

Entrepreneurs are motivated by

a)

money.

b)

personal values.

c)

pull influences.

d)

All the above.

27.

An entrepreneur is a

a)

problem solver, innovator, risk taker, organizer of the factors of production

b)

risk taker and employee

c)

manager

d)

government bureaucrat

28.

He sees to it that the business will generate income and plans to expand the business through the business income.

a)

Goal oriented

b)

Future oriented

c)

Responds to feedback

d)

Profit oriented

29.

Entrepreneurs do not give up.

a)

Persistent

b)

Hardworking

c)

Committed

d)

Goal oriented

30.

A strong faith in one's ability is necessary despite the problems that one may face in the business.

a)

Committed

b)

Hardworking

c)

Confident

d)

Goal-oriented