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WorksheetsEntrepreneurship
Total questions: 52
Worksheet time: 26mins
The capacity for innovation, investment and expansion in new markets, products and techniques.
Business
Businessman
Entrepreneurship
Entrepreneur
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
Resources
Means
Products
Materials
The following are examples of non-human resources except one, which one is not?
Capital
Building
Time
Machinery
Risks are situations involving exposure to dangers. Click the risks that are usually present in entrepreneurship.
Warehouse burnt
Price changes
competition
In venturing into business, one must consider the available resources. For what reasons? Click the answers that apply.
to run and manage the business successfully
to be able to sustain the business operation
to be able to sit down and let the business staff do the operation
to avoid failures
What is the main contribution of entrepreneurship to the country's economy?
popularity
tax
investors
consumers
What is referred to as the place of selling/buying, potential buyers, and marketing strategy?
products
means
market
resources
Which of the following is an Entrepreneur?
Coco Martin
Tony Tan Caktiong
Jung Kook
Jessica Soho
What is an entrepreneur?
A person who works for someone else in order to learn skills.
A person who is in charge of a specific location.
A person who organizes and operates a business or businesses.
None of these
Which is NOT a common characteristic of an entrepreneur?
risk-taker
organized
creative
irresponsible
What are the key/unique characteristics that a person should possess to be able to perform entrepreneurial functions effectively?
Personal Entrepreneurial Committees
Personal Entrepreneurial Competencies
Personal Entrepreneurial Categories
All of the above
Entrepreneurs look for business ideas and new and better ways to solve problems.
True
False
Showing trust with own's skills, ability, and judgment.
Confident
Hardworking
Discipline
Committed
The key concept of entrepreneurship, the outcome of creativity resulted to a new and different way of doing things.
creativity
innovation
discipline
risk taker
A company wherein several business owners work together to produce particular dynamics that are advantageous to them.
enterprise
business
environment
none of the above
It is the total of all things external to firms and industries which affect their organization and operation.
enterprise
business environment
entrepreneur
entrepreneurship
Entrepreneurship is the ability to develop a business from opportunities
True
False
An Entrepreneur is someone who quits easily
True
False
An entreprenur can be identified by their need for immediate feedback
True
False
Entrepreneurs can have a healty personal and family life
True
False
A benefit of entrepreneurship is that it allows for a high level of flexibility
True
False
The following best describes a social entrepreneur
Constantly creating new ideas
Adopts a style to create values
Creates profit from personal passion
Establishes new ideas to generate profit
Which of the following is a major type of entrepreneur?
Lifestyle Entrepreneur
Dedicated Entrepreneur
Motivational Entrepreneur
Passionate Entrepreneur
Which of the following represents an entrepreneurship?
Does not experience rapid growth
Carries out business already established
Recognizing new business opportunities
Have low market share
Often the term entrepreneurship and small business are used interchangeably by individuals. Which of the following does not represent entrepreneurship?
Experience rapid growth and development
Owned and controlled by a few individuals
Exploits new business opportunities
Exhibits high degree of innovation
After doing his research, George decided he did not want to be an entrepreneur. Which of the following caused him to make this decision?
Entrepreneurship can be lonely
Entrepreneurship creates enormous financial pressure
Entrepreneurs have to deal with difficult employees
All of the above
Short-Term or Long-term Environmental Change?
Short-Term
Long-term
Human, Natural, Or both?
Human
Natural
Human and Natural
What is a sample adaptation?
Short-term or Long-Term Environmental Change?
Short-term
Long-term
Human, Natural, or Both?
Human
Natural
Human and Natural
What is a sample adaptation?
Short-term or Long-term environmental Change?
Short-term
Long-term
Human, Natural, or both?
Human
Natural
Human and Natural
What is a sample adaptation?
Short-term or Long-term Environmental Changes?
Short-term
Long-term
Human, Natural, or Both?
Human
Natural
Human and Natural
What is a sample adaptation?
_______ involves decision making and the best way to do that is by using the Decision-Making Process.
ORGANIZING
PLANNING
LEADING
CONTROLLING
________is the process of establishing orderly uses of all resources and activities to work toward the set goals.
Leading
Planning
Organizing
Controlling
_______system created, through a chart, to show the primary reporting relationship that exist within a company.
Planning
Leading
Controlling
Organization
_______ involves motivation and direction for employees, to help encourage high performance.
Planning
Leading
Controlling
Organization
Another part of _______ is knowing how to handle conflict fairly, be able to communicate new processes, etc.
ORGANIZING
PLANNING
LEADING
CONTROLLING
DELEGATING
_________ is the problem-solving process of using resources to achieve goals through planning, organizing, leading, and controlling.
MANAGEMENT
PLANNING
LEADING
CONTROLLING
Managers must be able to:
MAKE GOOD DECISIONS
SOLVE PROBLEMS
KNOW HOW TO WORK WITH OTHERS
ALL
Is an inspirational statement that describes what a company wants to become.
VISION STATEMENT
MISSION STATEMENT
ORGANIZATIONAL STATEMENT
CONTROLLING STATEMENT
Is a statement that describes the company's reason for existing now.
VISION STATEMENT
MISSION STATEMENT
ORGANIZATIONAL STATEMENT
CONTROLLING STATEMENT
________ is something the business wants to accomplish in the future and typically within 1 – 10 years.
LONG-TERM GOALS
VISION
SHORT-TERM GOALS
MISSION
________is something the business wants to accomplish in the near future and in less than 12 months.
LONG-TERM GOALS
VISION
SHORT-TERM GOALS
MISSION
_____________regulates the business’s activities to ensure the goals that were set, are getting accomplished.
Planning
Leading
Controlling
Organization
_________ 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.
LONG-TERM GOALS
VISION STATEMENTS
SHORT-TERM GOALS
EVALUATIONS
The decision making process includes
Identifying the Problem, Gathering Information, Considering all Options and their Effects, Choosing an Option, Following Through. Evaluating your Decision
Identifying the Problem, Gathering Information, Evaluating your Decision, Considering all Options and their Effects, Choosing an Option, Following Through
Choosing an Option, Identifying the Problem, Gathering Information, Considering all Options and their Effects, Following Through. Evaluating your Decision
Following Through, Gathering Information, Choosing an Option, Identifying the Problem, Considering all Options and their Effects, . Evaluating your Decision
