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Quiz for Entrepreneurship

Total questions: 14

Worksheet time: 10mins

Name
Class
Date
1.

An entrepreneur who hops from one company to another to act as the innovation champion, providing creative and efficient solutions.

a)

Intrapreneur

b)

technopreneur

c)

extrapreneur

d)

social entrepreneur

2.

All of the following describe an entrepreneur, EXCEPT:

a)

easy to give up

b)

risk taker

c)

innovator

d)

unique

3.

A unique individual who creates something for the first time is highly driven individual motivated by his or her own work and personal ideas.

a)

Entrepreneur

b)

Investor

c)

Creditor

d)

Inventor

4.

Characteristics of successful entrepreneurs include:

a)

self-importance

b)

regret

c)

determination

d)

emotional

5.

Which is an entrepreneur?

a)

a small business employee

b)

a small business owner

c)

a small business adviser

d)

a store employee

6.

It is the process of thinking that happens when the vision becomes a reality.

a)

materialization

b)

idealization

c)

verbalization

d)

vision

7.

TRUE OR FALSE:

IDEALIZATION is the entrepreneur’s dream and desire to build an ideal environment

a)

TRUE

b)

FALSE

8.

TRUE OR FALSE

VISUALIZATION is the entrepreneur’s plan to make the dream reality.

a)

TRUE

b)

FALSE

9.

TRUE OR FALSE

An entrepreneur’s opportunity income depends on the success of the business.

a)

TRUE

b)

FALSE

10.

Interpreneur is an entrepreneur who is task to think, establish, and run a new big idea or project.

a)

true

b)

false

11.

Effective marketing and advertising involves:

a)

developing rapport with individual customers, one at a time

b)

completing a cost analysis of the company’s office space

c)

developing messages that build favorable impressions among target customers

d)

developing online payroll systems

12.

All of the following are True about Entrepreneurship, EXCEPT:

a)

It improves standard of living.

b)

. It promotes research and development.

c)

It encourages loans and heavy spending.

d)

It contributes to our economic development

13.

Which is an entrepreneur?

a)

the receptionist at the beauty salon

b)

the stylist who has worked at the same salon for many years

c)

the stylist who creates and sells new hair styling products after hours

d)

the receptionist who is looking for a new position with a different salon

14.

What is a possible advantage that a small business would have versus a larger, better-funded competitor?

a)

ability to respond to trends and opportunities more quickly

b)

ability to file government forms more quickly

c)

ability to apply for bank loans more quickly

d)

ability to move office furniture and equipment to a new location