WorksheetsAre You Ready to Become an Entrepreneur? (DEtrp wk1)
Total questions: 10
Worksheet time: 5mins
Entrepreneurship contribute to
Economic growth
Employment opportunities
Career alternatives for women and minorities
All of these
An entrepreneur has the following personal characteristics except:
Self- confident
Over ambitious
Goal-oriented
Creative
__________ is an activity that generate good ideas.
Physical exercise
Examinations
Brainstorming
Dreaming
An entrepreneur:
Manages a business for someone else
Owns controlling interest in the stock of a major corporation
Manages a business that operates in more than one country
Accepts the risk of starting and running a business
When seeking a loan from a bank, an entrepreneur hoping to start a new business should realize that bankers will:
Expect the entrepreneur to have a well prepared business plan
Expect to receive a share of ownership in the busineses
Generally make loans only to small businesses in high-tech industries
Offer only only very short-term financing
The primary goals of a business plan are
To guide entrepreneurs as they launch their businesses
To help them acquiring the necessary financing to launch
None of these
All of these
Self-discovery which is one of the process of entrepreneurship means:
Learning what you enjoy doing
Examining work experience and relating it to potential
Examining your strength and weaknesses
All of these
Which one is NOT a disadvantage of Entrepreneurship?
You are the boss
Uncertain Income
Work long hours
Risky
Which one is NOT an advantage of Entrepreneurship?
Can choose a business of interest
You will make decisions alone
You can be creative
Make a lot of money
What type of entrepreneurial business sells products directly to the people who use or consume them?
Manufacturing
Wholesaling
Retailing
Service
