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WorksheetsEntrepreneurship PSN
Total questions: 10
Worksheet time: 4mins
Name
Class
Date
1.
Starting and owning a person's own business
a)
corporation
b)
entrepreneurship
c)
sole proprietorship
d)
partnership
2.
Some people become entrepreneurs by turning part-time work experiences into full-time businesses.
a)
True
b)
False
3.
When setting the prices of goods or services, business owners must consider the prices charged by competitors.
a)
True
b)
False
4.
Which is NOT a common characteristic of an entrepreneur?
a)
risk-taker
b)
creative
c)
organized
d)
irresponsible
5.
Most entrepreneurs work long hours, but they create their own schedule.
a)
True
b)
False
6.
ALL entrepreneurs have a college degree.
a)
True
b)
False
7.
Which is a characteristic of a successful entrepreneur?
a)
Motivated
b)
Takes very little risk
c)
Passionate
d)
Hard-working
8.
Why do you need a business plan? (hint: choose 3 correct answers)
a)
To raise capital
b)
Gets everyone involved to focus on the same goals
c)
Gives an objective look at what you are doing and why
d)
It is required by law
9.
What is an entrepreneur?
a)
A person who is in charge of a specific location.
b)
A person who works for someone else in order to learn skills.
c)
A person who organizes and operates a business or businesses.
d)
None of these
10.
Why are Entrepreneurs important?
a)
An important money maker
b)
An important engine of growth in the economy
c)
An important business model
d)
An important way to increase traffic
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