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Pre-Test Entreprenuership

Total questions: 20

Worksheet time: 26mins

Name
Class
Date
1.

The term "entrepreneur" comes from (blank) word

a)

Greek

b)

Latin

c)

French

d)

Normadic

2.

Entrepreneur or entreprendre means to _.

a)

Act

b)

Undertake

c)

Build

d)

Move

3.

Which of the following words is LESS associated with entrepreneurs

a)

Management

b)

Order

c)

Innovation

d)

Skills

4.

An entrepreneur is less likely to succeed if focus mainly on _.

a)

Innovation

b)

Goals

c)

Profit

d)

Change

5.

A successful business always have an _ on it back.

a)

Entrepreneur

b)

Good Manager

c)

Role Model Supervisor

d)

Honest Employee

6.

It is one who organizes, manage, and assume the risk of a business or enterprise.

a)

Manager

b)

Entrepreneur

c)

Client

d)

Owner

7.

According to him, an entrepreneur is the one responsible for shifting economic resources from low productivity into a higher productivity and greater yield

a)

John Maynard Keynes

b)

J.B. Say

c)

Adam Smith

d)

Karl Marx

8.

"An entrepreneur place an emphasis on the innovation of a business or organization"

a)

Lev Vygotsky

b)

J. Schumpeter

c)

David Ricardo

d)

Jean Piaget

9.

These are the key concepts that makeup Entrepreneurship EXCEPT one

a)

Business

b)

Opportunity

c)

Innovation

d)

Resources

e)

Risk

10.

Entrepreneurship is content that can be related to, EXCEPT one.

a)

History

b)

Economics

c)

Math

d)

Business

e)

Engineering

11.

Which is a characteristic of a successful entrepreneur? (hint: choose 3 correct answers)

a)

Motivated

b)

Passionate

c)

Hard-Working

d)

Not a Risk Taker

12.

What is a disadvantage of being an entrepreneur?

a)

You have more control over your work

b)

You do not always receive a regular paycheck

c)

You have a more flexible schedule

d)

Your work schedule is always predictable

13.

 

Elon Musk is one of the greatest innovators in the last 30 years. He... ((hint: choose 3 correct answers)

a)

Co-founded Google

b)

Founded the company SpaceX

c)

Co-founded Paypal

d)

Founded the company Tesla

14.

What is the purpose of a business plan? (hint: choose 2 correct answers)

a)

To document your financial activity during one year

b)

States the purpose and vision of your company

c)

Legal document to be filed with the SEC

d)

States the amount of capital you need to run the company or organization

15.

A target market is ??????

a)

a group of investors willing to put capital into a business

b)

a group of consumers at which a product/service is aimed

c)

a generational group of individuals

d)

an industry willing to sell and market your product

16.

 

What information should NOT be included in a business plan?

a)

Your financing needs

b)

Your marketing plan

c)

Your basic business concept

d)

Your assets and liabilities

17.

Roasted is a community-driven coffee shop that opened locally. They have 10 employees. They are ?????

a)

an example of a startup

b)

an example of a small business

18.

Reid Hoffman is one of the greatest innovators in the last 30 years. He was the founder of ????

a)

Twitter

b)

Snapchat

c)

Groupon

d)

Linkedin

e)

TikTok

19.

This round of funding helps a company add a few employees & launch an early product.

a)

Seed Funding

b)

Series Funding

c)

Source Funding

20.

Which is a way to advertise your business or product? ( hint: more than 1 answer)

a)

Support Media

b)

Broadcast Media

c)

Product Placement

d)

The Internet