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Quiz 1.1 in Entrepreneurship 12

Total questions: 15

Worksheet time: 7mins

Name
Class
Date
1.

A proactive process of developing a business venture to make a profit.

(a)  

2.

Unique individual who has the innate ability and extraordinary dedication to establish and manage a business.

(a)  

3.

Entrepreneur who puts technology at the core of his/her business model

(a)  

4.

Usually work as project manager or business development manager of a company

(a)  

5.

Usually acts as innovation champion, providing creative and efficient solutions

(a)  

6.

Common competency as an entrepreneur that addresses issues, problems, and challenges before they come rather than when they already happened

(a)  

7.

A 4-process of thinking wherein entrepreneurs dream enormously and desire to build an ideal environment

(a)  

8.

Core entrepreneurial trait wherein they act on the responsibilities given to them

(a)  

9.

A common entrepreneurial competency wherein relationship is the key for employee and customer retention

(a)  

10.

A common entrepreneurial train where in they do not settle for gray areas or unclear solutions

(a)  

11.

A step-by-step procedure in establishing any kind of business that an entrepreneur has to undergo

(a)  

12.

The core guide and direction of the entrepreneur in calculating the resources needed, assessing how to obtain these resources efficiently

(a)  

13.

All of these are the components in DETERMINING THE CAPITAL NEEDED; EXCEPT:

a)

Come up with the financial plan

b)

Calculate the existing capital

c)

Calculate the intrinsic and extrinsic capital needed

d)

Develop contact and relationship with suppliers and service providers

14.

All of the parts of DEVELOPING A BUSINESS PLAN; EXCEPT:

a)

Identify existing and foreseeable problems and issues

b)

Perform industry analysis

c)

Come up with the marketing plan

d)

Identify strategies and tactics

15.

An activity that allows participants to share creative ideas with lenient rules

a)

Focused Group Discussion

b)

Brainstorming

c)

Brainwriting

d)

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