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Entrepreneurship: Overview and Concepts

Total questions: 11

Worksheet time: 5mins

Name
Class
Date
1.

A person who creates unique ideas that will be useful for starting a business.

a)

Marketing Staff

b)

Entrepreneur

c)

Innovator

d)

Businessman

2.

The science of converting processed ideas into a remarkable business venture

a)

Economics

b)

Accounting

c)

Marketing

d)

Entrepreneurship

3.

Which of the following is NOT important in Entrepreneurship Education

a)

Alternative career path

b)

Key economic driver

c)

Huge improvement of Mathematical skills

d)

Increase the level of knowledge, competence and improve the quality of life

4.

Entrepreneurs should set goals that are specific, measurable, attainable, realistic, and time-bound because it will increase the chances of achieving that goal

a)

Specific Goal Setting

b)

Need for Achievement

c)

Ambition

d)

Self-Efficacy

5.

Entrepreneurs must have motivation and persistence to pursue their goals.

a)

Planner

b)

Goal Oriented

c)

Ambition

d)

Dream Chaser

6.

Entrepreneurs should have strong skills in working with people. They should have an understanding of the behavior of others.

a)

Good work ethic

b)

Interpersonal Skills

c)

Empathy

d)

Consumer Behavior

7.

Entrepreneurs must believe in their ability. Entrepreneurs will turn negative feedback into positive and use this as a basis for improvement.

a)

Self Reliant

b)

Self Belief

c)

Self-Efficacy

d)

Optimism

8.

Entrepreneurs must learn how to be adaptable and flexible in every situation. They can manage change well and generate new actions even with undesirable events.

a)

Adaptability and Flexibility

b)

Adaptation

c)

Management Skills

d)

Unpressured

9.

Entrepreneurs must have a high desire to accomplish goals. This includes repeated efforts to achieve success

a)

Achievement Seeker

b)

Passionate

c)

Goal Oriented

d)

Need for Achievement

10.

Entrepreneurs must be willing to accept the consequences of every decision. They must know how to calculate and identify risk. They are skilled in developing new plans.

a)

Planner

b)

Willingness to Take Risks

c)

Decision Maker

d)

Analyzer

11.

Entrepreneurs should have a strong willingness to acquire new knowledge and skills.

a)

Willingness to Learn

b)

Knowledge Seeker

c)

Learner

d)

Student