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WorksheetsINTRODUCTION TO ENTREPRENEURSHIP
Total questions: 10
Worksheet time: 5mins
Jean Babtiste Say proposed that an entrepreneur is a person who shifts resources from an area of high productivity to low productivity.
TRUE
FALSE
Richard Cantillon defines entrepreneurs as a person who undertakes risk in order to maximize profit.
TRUE
FALSE
Entrepreneurship is a process of innovation and new
venture creation through four major dimensions
TRUE
FALSE
Entreprenuer is the person who owns and run a business while entrepreneurship is the process of establishing a business.
TRUE
FALSE
Creation of new product value is an activity related to entrepreneurship.
TRUE
FALSE
In Islamic entrepreneurship, there is separation between business and religion.
TRUE
FALSE
According to Carl Menger, the four (4) factors of productions are: Land, labor, capital and entrepreneur
TRUE
FALSE
Entrepreneurs are individuals who actively form or lead their own business and growth for profit maximization.
TRUE
FALSE
Islam encouraged its ummah to venture into
business as 9 out 10 source of rizque reski can be found
in business
TRUE
FALSE
The process of entrepreneurship or business development
is usually static.
TRUE
FALSE
