Font size
WorksheetsEntrepreneurship Quiz #8
Total questions: 10
Worksheet time: 6mins
"Management is efficiency in climbing the ladder of success; leadership determines whether the ladder is leaning against the right wall." Who said this?
Elon Musk
Stephen Covey
Warren Buffet
Steve Jobs
The title of Module 8 in the book is:
Competitive Advantage, Business Models, & Execution
Building credibility
Learning to Lead
Marshaling Resources
What is the founder of Wal-Mart's first name?
Sam
Steve
Bill
Eric
The two types of leadership style talked about in this module are (pick two):
authoritarian
empowering
transformational
assertive
Two of the reasons that Wal-mart succeeded in the market is because:
Wal-mart negotiated aggressively with suppliers and kept stores open longer than their competition
Wal-mart paid employees minimum wage and kept prices lower than their competition
Wal-mart treated their employees like family and didn't expect too much from them.
Wal-mart management had daily meetings with employees to motivate them and to share the company vision.
What are two tactics of leadership talked about in the book (and used by the coauthor of this book in creating a $1.1 billion dollar company in a single year)? Select two answers
Create urgency
Seek regular feedback from employees
Create a vision for change
Maintain authoritative control
Peter F. Drucker and W. Edwards Deming are known in the business world for their:
best practices for entrepreneurship
best ways to start your business
best ways to increase profitability
best practices for business leadership and management
Our guest entrepreneur speaker Ashely Reeves said two of the following things in her presentation:
"I studying about being an influencer in college."
"Don't quit, don't quit, don't quit."
"TikTok is the Wild West right now."
"I don't often use my family in my videos, and when I do that aren't paid."
What type of ID is required by the IRS to start a business?
FBI
ISBN
EIN
SSN
Who is your favorite entrepreneur?
Henry Ford
Bill Gates
Larry Page
Elon Musk
