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PMG513 Lecture 7 Revision

Total questions: 5

Worksheet time: 3mins

Name
Class
Date
1.

What is entrepreneurship?

a)

Undertakes actions to transform innovation into economic goods

b)

Be independent in the business to inspire people

c)

Step forward to volunteer in enhancing social goods

2.

Which is the following is NOT listed as the importance of being an entrepreneur?

a)

Make a significant contribution to the development of the country

b)

Generate employment for others

c)

Acquire own profit

d)

Realize own goals and contribute to the welfare of the society

3.

Which is the following is NOT included in the marketing mix?

a)

Brands

b)

Packaging

c)

Training

d)

Advertising

4.

What are the four 'P' s in entrepreneurship?

a)

product, place, promotion, price

b)

product, place, packaging, price

c)

place, product, packaging, people

5.

When investigating products trends, it is very important to analyze carefully the current global trends

a)

True

b)

False