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Entrepreneurship

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

What is the first step in the Entrepreneurial Process

a)

Concept Development

b)

Resourcing

c)

Discovery

d)

Harvesting

e)

Actualization

2.

What is Entrepreneurship?

a)

being an entrepreneur

b)

The stage of starting and running one’s own business

c)

The process of starting and running one’s own business

d)

The process of starting and running someone else's own business

3.

What is an Entrepreneur?

a)

An entrepreneur is a group of people who undertakes the risk associated with creating, organizing, and owning a business

b)

An entrepreneur is an individual who undertakes the risk associated with owning a business

c)

an entrepreneur

d)

An entrepreneur is an individual who undertakes the risk associated with creating, organizing, and owning a business

4.

What is the second step in the Entrepreneurial Process

a)

Concept Development

b)

Resourcing

c)

Discovery

d)

Harvesting

e)

Actualization

5.

What is the third step in the Entrepreneurial Process

a)

Concept Development

b)

Resourcing

c)

Discovery

d)

Harvesting

e)

Actualization

6.

What is the fourth step in the Entrepreneurial Process

a)

Concept Development

b)

Resourcing

c)

Discovery

d)

Harvesting

e)

Actualization

7.

What is the fifth step in the Entrepreneurial Process

a)

Concept Development

b)

Resourcing

c)

Discovery

d)

Harvesting

e)

Actualization

8.

Which characteristic describes a successful entrepreneur?

a)

Lazy

b)

Rude

c)

Goal-oriented

d)

Happy

9.

Which characteristics describes a successful entrepreneurs?

a)

Self-confident

b)

Communication skills

c)

Responsible

d)

Rude

e)

Creative

10.

Which skills describes a successful entrepreneurs?

a)

Basic business skills

b)

Communication skills

c)

Responsible skills

d)

Happy skills

e)

Decision-making skills

11.

Which of the following applies to the first stage of the Entrepreneurial Process?

a)

Identify potential investors

b)

Consider your hobbies or skills

c)

Day-to-Day Operations

d)

Consider Expansion

e)

Develop a business plan

12.

Which of the following applies to the second stage of the Entrepreneurial Process?

a)

Identify potential investors

b)

Consider your hobbies or skills

c)

Day-to-Day Operations

d)

Consider Expansion

e)

Develop a business plan

13.

Which of the following applies to the third stage of the Entrepreneurial Process?

a)

Identify potential investors

b)

Consider your hobbies or skills

c)

Day-to-Day Operations

d)

Consider Expansion

e)

Develop a business plan

14.

Which of the following applies to the fourth stage of the Entrepreneurial Process?

a)

Identify potential investors

b)

Consider your hobbies or skills

c)

Day-to-Day Operations

d)

Consider Expansion

e)

Develop a business plan

15.

Which of the following applies to the fifth stage of the Entrepreneurial Process?

a)

Identify potential investors

b)

Consider your hobbies or skills

c)

Day-to-Day Operations

d)

Consider Expansion

e)

Develop a business plan