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WorksheetsTHE ENTREP
Total questions: 35
Worksheet time: 20mins
A set of assumptions, methods, or notations held by one or more people or groups of people which is so established that it creates a powerful incentive within these people or groups to continue to adopt or accept prior behaviors, choices, or tools.
(a)
The spark that drives the development of new products or services or ways to do business.
it is the push for innovation and improvement. It is continuous learning, questioning, and thinking outside of prescribed formulas.
MOTIVATION
CREATIVITY
DEDICATION
PASSION
Is what gets entrepreneurs started and keeps them there. It gives entrepreneurs the ability to convince others to believe on their vision. It can't substitute for planning, but it will help them to stay focused and to get others to look at their plans.
MOTIVATION
PASSION
CREATIVITY
LEADERSHIP
Personal Characteristics tend to make some people better at recognizing opportunities than others
true
false
Risks include losing customers because the quality of the service falls short.
TRUE
FALSE
If you have a passion for doing things and creating something, your business will have very high profitability of failure.
TRUE
FALSE
Make your product or service different and unique.
TRUE
FALSE
What best describes an entrepreneur?
a person who is willing to take the risk
A person who has money to start a business
A person who has the qualities to run a business
A person who is willing to take a calculated risk and willing to start a business
Which of the following is a personality factor that affects entrepreneurship?
Political climate
Self Confidence
Market Situations
Socio Economic Conditions
Which among the myths about entrepreneurs is FALSE?
Entrepreneurs Are Gamblers
Entrepreneurs are like mushrooms that grow anywhere
Entrepreneurs Are Motivated Primarily by Money
Entrepreneurs Should Be Young and Energetic
The innovations of entrepreneurial firms have a dramatic impact on society.
false
true
maybe
cannot say
Entrepreneurship aims to respond to the demands of the people.
TRUE
FALSE
An entrepreneur owns, operates, and takes the risk of business ventures.
TRUE
FALSE
Money is the first investment of an entrepreneur.
TRUE
FALSE
Having a degree in entrepreneurship will guarantee a person that his/her business venture will succeed.
TRUE
FALSE
Entrepreneurship encourages an individual to think outside the box.
TRUE
FALSE
No entrepreneur has the chance to recover from any economic downfall, financial crackdown, or losses.
TRUE
FALSE
Entrepreneurship helps broaden the creativity of the community only.
TRUE
FALSE
Only a graduate of the entrepreneurship course will allow you to have your business someday.
TRUE
FALSE
Entrepreneurship gives opportunities for students to be part of a globally competitive world.
TRUE
FALSE
Competitiveness in the market encourages entrepreneurs to improve their products and services.
TRUE
FALSE
Johnny has a passion for cooking. He used his passion and skills in establishing his own business. He is considered a passionate entrepreneur.
TRUE
FALSE
Keith failed in her three previous businesses, yet she established another one during the pandemic. Her dominant characteristic as an entrepreneur is being innovative.
TRUE
FALSE
An innovative entrepreneur does not like to break away from tradition.
TRUE
FALSE
Entrepreneurship helps the students identify their strengths and talents and to work on improving them.
TRUE
FALSE
Entrepreneurship paves the way for students to become successful entrepreneurs in the future.
TRUE
FALSE
With appropriate management skills, a business could operate effectively and efficiently.
TRUE
FALSE
Arnold, a restaurateur, always finds new recipes to add to the menu. Arnold is considered a persuasive entrepreneur.
TRUE
FALSE
Studying entrepreneurship can actually lead businesses to failures and shrinkages.
TRUE
FALSE
An idea is the heart and core of entrepreneurship.
TRUE
FALSE
They spend their time documenting their intelligence or talent instead of developing them.
(a)
This creates a love of learning and a resilience that is essential for great accomplishment.
(a)
Is a set of cognitive (thinking) processes that triggers the individuals to act or to behave entrepreneurially.
(a)
Give atleast two importance of Entrepreneurial Mindset
(a)
It is feature of an individual which is inherited.
(a)
