Free Printable Business Management

1.

Starting and owning a person's own business

a)

corporation

b)

entrepreneurship

c)

sole proprietorship

d)

partnership

2.

Some people become entrepreneurs by turning part-time work experiences into full-time businesses.

a)

True

b)

False

3.

Entrepreneurs want to be their own bosses, set their own working hours, and make their own decisions.

a)

True

b)

False

4.

When setting the prices of goods or services, business owners must consider the prices charged by competitors.

a)

True

b)

False

5.

ALL entrepreneurs have a college degree.

a)

True

b)

False

6.

Which is a characteristic of a successful entrepreneur?

a)

Motivated

b)

Takes very little risk

c)

Passionate

d)

Hard-working

7.

A target market is

a)

a group of investors willing to put capital into a business

b)

a generational group of individuals

c)

a group of consumers at which a product/service is aimed

d)

an industry willing to sell and market your product

8.

Entrepreneurs create ____________________ for themselves and others.

a)

wealth

b)

risk

c)

plans

d)

none of these

9.

Which one of these is NOT a characteristic of an entrepreneur?

a)

risk taker

b)

idea person

c)

generalist

d)

specialist

10.

Ability that's learned through training and practice.

a)

skill

b)

mentor

c)

attitude

d)

characteristics

11.

Not afraid to do new things is what characteristic?

a)

Risk Taker

b)

Human Relations Skills

c)

Problem-solving & Decision-making Skills

d)

Independent

12.

Knowledge of computers and how to use them productively is what characteristic?

a)

Goal-Oriented

b)

Basic Business Skills

c)

Technical Skills

d)

Math Skills

13.

Knowledge & understanding of the economy and business functions such as marketing & management.

a)

Communication skills

b)

Basic Business Skills

c)

Risk taker

d)

Technical Skills

14.

Possessing the ability to read, write, and speaking in an understanding, accurate, and professional manner is what characteristic?

a)

Math skills

b)

Communication Skills

c)

Goal- Oriented

d)

Independent

15.

focused on developing a plan and achieving your goals is what characteristic?

a)

Math Skills

b)

Goal-oriented

c)

inquisitive

d)

Technical Skills

16.

A business model that is aimed at improving the wellbeing of others through its business activities is...

a)

a franchise

b)

a bricks and mortar shop

c)

a social enterprise

d)

an online business

17.

Which of the following is not a characteristic of entrepreneurs?

a)

Creative

b)

Dependent

c)

Determination

d)

Independent

18.

Some people become entrepreneurs by turning part-time work experiences into full-time businesses.

a)

True

b)

False

19.

Choose all that are characteristics of an entrepreneur

a)

visionary

b)

motivated

c)

versatile

d)

selfish

20.

Not giving up and keep trying is what characteristic?

a)

Persistent

b)

Responsible

c)

Self-Confident

d)

Creative

Business Management

Total questions: 20

Worksheet time: 15mins

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