WorksheetsRisk Taking
Total questions: 15
Worksheet time: 8mins
Entrepreneurs look for challenging opportunities. They are not afraid to take risks. What is the characteristic of this behavior?
Risk taker
Responsible
inquisitive
Goal-oriented
If you are an entrepreneur, what you will do?
Take a risk
Spend all your savings
Borrow from investors
All of the above
Which is NOT a common characteristic of an entrepreneur?
Risk taker
Creative
Organize
Irresponsible
What does risk taker in entrepreneurship means?
Bravely continuing project even when attaining profit is not certain
Willing to take calculated risks
Continuing the project even experiencing loss
Bearing maximum loss
Does a successful entrepreneur usually prefer to take high risk?
True
False
Is it true instead of waiting for things happen, entrepreneurs make them happen?
True
False
Why entrepreneur take risk?
It will provide opportunity for their business to growth and give themselves challenge.
To maximize loss
To consider a good marketing budget
"If you don't fail now and again, it's a sign you're playing it safe." Is a popular quote by?
Woody Allen
Aesop
Muhammad Ali
Walter Anderson
"He who is not courageous enough to take risks will accomplish nothing in life." Is a popular quote by?
Woody Allen
Aesop
Dell
Muhammad Ali
Which one of the following are not the key factors when considering risks?
Cost
Availability of supply
Marketing budget
Quality vs quantity
What is the benefit of taking risk?
Provides wealth
Provide a lot of supply
Provides return from investment
Provides guarantee of success
What is the meaning of uncertainty?
A state of suffering loss
Not known beyond a doubt
The possibility that returns from an investment
Can be measurable
What is the bad thing about risk?
Happy
Provide opportunity
It helps being meticulous
Leads to stress and anxiety
Which of the following is not one of the entrepreneurial risks?
Investment
Financial
Business and operational
Product and service liability
What is risk taking?
Predictable
Expected
Controllable
Unpredictable
