wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Entrepreneurship

Total questions: 52

Worksheet time: 26mins

Name
Class
Date
1.

The capacity for innovation, investment and expansion in new markets, products and techniques.

a)

Business

b)

Businessman

c)

Entrepreneurship

d)

Entrepreneur

2.

It is a stock or supply of money, materials, staff, and other assets that can be drawn on by a person or organization in order to function effectively

a)

Resources

b)

Means

c)

Products

d)

Materials

3.

The following are examples of non-human resources except one, which one is not?

a)

Capital

b)

Building

c)

Time

d)

Machinery

4.

Risks are situations involving exposure to dangers. Click the risks that are usually present in entrepreneurship.

a)

Warehouse burnt

b)

Price changes

c)

competition

5.

In venturing into business, one must consider the available resources. For what reasons? Click the answers that apply.

a)

to run and manage the business successfully

b)

to be able to sustain the business operation

c)

to be able to sit down and let the business staff do the operation

d)

to avoid failures

6.

What is the main contribution of entrepreneurship to the country's economy?

a)

popularity

b)

tax

c)

investors

d)

consumers

7.

What is referred to as the place of selling/buying, potential buyers, and marketing strategy?

a)

products

b)

means

c)

market

d)

resources

8.

Which of the following is an Entrepreneur?

a)

Coco Martin

b)

Tony Tan Caktiong

c)

Jung Kook

d)

Jessica Soho

9.

What is an entrepreneur?

a)

A person who works for someone else in order to learn skills.

b)

A person who is in charge of a specific location.

c)

A person who organizes and operates a business or businesses.

d)

None of these

10.

Which is NOT a common characteristic of an entrepreneur?

a)

risk-taker

b)

organized

c)

creative

d)

irresponsible

11.

What are the key/unique characteristics that a person should possess to be able to perform entrepreneurial functions effectively?

a)

Personal Entrepreneurial Committees

b)

Personal Entrepreneurial Competencies

c)

Personal Entrepreneurial Categories

d)

All of the above

12.

Entrepreneurs look for business ideas and new and better ways to solve problems.

a)

True

b)

False

13.

Showing trust with own's skills, ability, and judgment.

a)

Confident

b)

Hardworking

c)

Discipline

d)

Committed

14.

The key concept of entrepreneurship, the outcome of creativity resulted to a new and different way of doing things.

a)

creativity

b)

innovation

c)

discipline

d)

risk taker

15.

A company wherein several business owners work together to produce particular dynamics that are advantageous to them.

a)

enterprise

b)

business

c)

environment

d)

none of the above

16.

It is the total of all things external to firms and industries which affect their organization and operation.

a)

enterprise

b)

business environment

c)

entrepreneur

d)

entrepreneurship

17.

Entrepreneurship is the ability to develop a business from opportunities

a)

True

b)

False

18.

An Entrepreneur is someone who quits easily

a)

True

b)

False

19.

An entreprenur can be identified by their need for immediate feedback

a)

True

b)

False

20.

Entrepreneurs can have a healty personal and family life

a)

True

b)

False

21.

A benefit of entrepreneurship is that it allows for a high level of flexibility

a)

True

b)

False

22.

The following best describes a social entrepreneur

a)

Constantly creating new ideas

b)

Adopts a style to create values

c)

Creates profit from personal passion

d)

Establishes new ideas to generate profit

23.

Which of the following is a major type of entrepreneur?

a)

Lifestyle Entrepreneur

b)

Dedicated Entrepreneur

c)

Motivational Entrepreneur

d)

Passionate Entrepreneur

24.

Which of the following represents an entrepreneurship?

a)

Does not experience rapid growth

b)

Carries out business already established

c)

Recognizing new business opportunities

d)

Have low market share

25.

Often the term entrepreneurship and small business are used interchangeably by individuals. Which of the following does not represent entrepreneurship?

a)

Experience rapid growth and development

b)

Owned and controlled by a few individuals

c)

Exploits new business opportunities

d)

Exhibits high degree of innovation

26.

After doing his research, George decided he did not want to be an entrepreneur. Which of the following caused him to make this decision?

a)

Entrepreneurship can be lonely

b)

Entrepreneurship creates enormous financial pressure

c)

Entrepreneurs have to deal with difficult employees

d)

All of the above

27.

Short-Term or Long-term Environmental Change?

a)

Short-Term

b)

Long-term

28.

Human, Natural, Or both?

a)

Human

b)

Natural

c)

Human and Natural

29.

What is a sample adaptation?

4 lines
30.

Short-term or Long-Term Environmental Change?

a)

Short-term

b)

Long-term

31.

Human, Natural, or Both?

a)

Human

b)

Natural

c)

Human and Natural

32.

What is a sample adaptation?

4 lines
33.

Short-term or Long-term environmental Change?

a)

Short-term

b)

Long-term

34.

Human, Natural, or both?

a)

Human

b)

Natural

c)

Human and Natural

35.

What is a sample adaptation?

4 lines
36.

Short-term or Long-term Environmental Changes?

a)

Short-term

b)

Long-term

37.

Human, Natural, or Both?

a)

Human

b)

Natural

c)

Human and Natural

38.

What is a sample adaptation?

4 lines
39.

_______ involves decision making and the best way to do that is by using the Decision-Making Process.​

a)

ORGANIZING

b)

PLANNING

c)

LEADING

d)

CONTROLLING

40.

________is the process of establishing orderly uses of all resources and activities to work toward the set goals.​

a)

Leading

b)

Planning

c)

Organizing

d)

Controlling

41.

_______system created, through a chart, to show the primary reporting relationship that exist within a company.​

a)

Planning

b)

Leading

c)

Controlling

d)

Organization

42.

_______ involves motivation and direction for employees, to help encourage high performance. 

a)

Planning

b)

Leading

c)

Controlling

d)

Organization

43.

Another part of _______ is knowing how to handle conflict fairly, be able to communicate new processes, etc. 

a)

ORGANIZING

b)

PLANNING

c)

LEADING

d)

CONTROLLING

e)

DELEGATING

44.

_________ is the problem-solving process of using resources to achieve goals through planning, organizing, leading, and controlling.

a)

MANAGEMENT

b)

PLANNING

c)

LEADING

d)

CONTROLLING

45.

Managers must be able to:​

a)

MAKE GOOD DECISIONS

b)

SOLVE PROBLEMS

c)

KNOW HOW TO WORK WITH OTHERS

d)

ALL

46.

Is an inspirational statement that describes what a company wants to become.​

a)

VISION STATEMENT

b)

MISSION STATEMENT

c)

ORGANIZATIONAL STATEMENT

d)

CONTROLLING STATEMENT

47.

Is a statement that describes the company's reason for existing now.​

a)

VISION STATEMENT

b)

MISSION STATEMENT

c)

ORGANIZATIONAL STATEMENT

d)

CONTROLLING STATEMENT

48.

________ is something the business wants to accomplish in the future and typically within 1 – 10 years.

a)

LONG-TERM GOALS

b)

VISION

c)

SHORT-TERM GOALS

d)

MISSION

49.

________is something the business wants to accomplish in the near future and in less than 12 months.

a)

LONG-TERM GOALS

b)

VISION

c)

SHORT-TERM GOALS

d)

MISSION

50.

_____________regulates the business’s activities to ensure the goals that were set, are getting accomplished.​

a)

Planning

b)

Leading

c)

Controlling

d)

Organization

51.

_________ are crucial for managers and the employees, as it’s a time to get feedback, talk about things going well and areas that they could improve on. ​

a)

LONG-TERM GOALS

b)

VISION STATEMENTS

c)

SHORT-TERM GOALS

d)

EVALUATIONS

52.

The decision making process includes

a)

Identifying the Problem, Gathering Information, Considering all Options and their Effects, Choosing an Option, Following Through. Evaluating your Decision

b)

Identifying the Problem, Gathering Information, Evaluating your Decision, Considering all Options and their Effects, Choosing an Option, Following Through

c)

Choosing an Option, Identifying the Problem, Gathering Information, Considering all Options and their Effects, Following Through. Evaluating your Decision

d)

Following Through, Gathering Information, Choosing an Option, Identifying the Problem, Considering all Options and their Effects, . Evaluating your Decision