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HELE Q1

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

CHOOSE TRUE IF THE STATEMENT IS CORRECT AND FALSE IF NOT.

1. The art of organizing and managing business and producing goods is called enterpreneurship.

a)

TRUE

b)

FALSE

2.

2. Entrepreneur is a person who takes the risk in establishing a business.

a)

TRUE

b)

FALSE

3.

3. A business must be operated and owned by only one person.

a)

TRUE

b)

FALSE

4.

4. The more industries established in the community the less goods are available to people in that community.

a)

TRUE

b)

FALSE

5.

5. Entrepreneurship can provide additional income and livelihood in the community.

a)

TRUE

b)

FALSE

6.

6. As a student you are automatically an entrepreneur.

a)

TRUE

b)

FALSE

7.

7. Every family can contribute to their own family income using their work and skills in industry.

a)

TRUE

b)

FALSE

8.

8. Entrepreneur is the process of designing new business, offering products, processes or services.

a)

TRUE

b)

FALSE

9.

9. Developing skills and knowledge are very important characterisitcs of an entrepreneur.

a)

TRUE

b)

FALSE

10.

10. A business owned by a family, becomes their source of income.

a)

TRUE

b)

FALSE