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Round 1: Characteristics of an Entrepreneur

Total questions: 15

Worksheet time: 11mins

Name
Class
Date
1.

Which of the following is NOT a characteristic of a successful entrepreneur?

a)

Self-Confident

b)

Takes minimal risk

c)

Innovative

d)

Goal-Oriented

2.

What could put an invention or innovation at risk of being stolen?

a)

Lack of uniqueness

b)

Lack of advertisement

c)

No patent

d)

No recognition

3.

Were the first electric cars an example of an invention or an innovation?

a)

Invention

b)

Innovation

4.

Which is not a benefit of being a good observer?

a)

Better navigation

b)

Easily communicate

c)

Knowledge of surrounding

d)

Good first impression

5.

Which cannot be considered an entrepreneur?

a)

Actress

b)

Singer

c)

TV show host

d)

None of the above

6.

Which of the following is bad advice for becoming an entrepreneur?

a)

Find your passion

b)

Be patient

c)

Don't take risks

d)

Challenge yourself

7.

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

a)

Merchant

b)

Entrepreneur

c)

Salesman

d)

Businessman

8.

SWOT analysis s stands for ?

a)

Success

b)

Strength

c)

Strategy

d)

Survey

9.

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.

10.

What challenges does an entrepreneur have?

a)

Money

b)

Drive

c)

Responsibility

d)

All of the above

11.

Most entrepreneurs work long hours, but they create their own schedule.

a)

True

b)

False

12.

How do MANY people become millionaires?

a)

They save aggressively, avoid debt, and invest their money.

b)

They win the lottery.

c)

The inherit it from family.

d)

They avoid the stock market.

13.
A business owned by two or more people.
a)
Sole proprietorship
b)
corporation
c)
Entrepreneurship
d)
Partnership
14.

All of the following are advantages of entrepreneurship, except

a)

Isolation

b)

Independence

c)

Control

d)

Personal satisfaction

15.

What is a disadvantage of being an entrepreneur?

a)

You have more control over your work

b)

You have a more flexible schedule

c)

You do not always receive a regular paycheck

d)

Your work schedule is always predictable