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OA 114 Entrepreneurial Behavior and Competencies

Total questions: 8

Worksheet time: 4mins

Name
Class
Date
1.

They are individuals who are alert to profitable opportunity for exchange of goods and services.

a)

Entrepreneurs

b)

Teachers

c)

Accountant

d)

Auditor

2.

The entrepreneur has knowledge which ordinary people do not have.

a)

True

b)

False

c)

Maybe

3.

Entrepreneurial activities are the process of creating new and different with value as entrepreneur focuses his time, effort and wish his available resources under his disposal and thus receiving personal satisfaction for his monetary achievement.

a)

True

b)

False

c)

Maybe

4.

The needs and wants of the customers do not need to be properly identified to be a successful entrepreneur.

a)

False

b)

True

c)

Maybe

d)

I do not know

5.

What are the factors that Develops Entrepreneurial Activity? Choose four (4).

a)

Entrepreneur takes initiative

b)

Organization of capital resources

c)

Development of entrepreneurial autonomy

d)

The Development of Own Idea

e)

The development of SWOT analysis

6.

Elimination of Debts is important in order to build a solid financial foundation.

a)

True

b)

Maybe

c)

False

7.

Healthcare is not important in order to build a solid financial foundation.

a)

True

b)

Maybe

c)

False

8.

Emergency funds is not important in order to build a solid financial foundation.

a)

True

b)

Maybe

c)

False