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WorksheetsPre-Test in Entrepreneurship
Total questions: 30
Worksheet time: 15mins
The entrepreneurs who create new ideas are called ______________.
Innovative
Imitating
Fabian
Drone
The entrepreneur who lives on the labor of others is called __________.
Drone
Fabian
Imitating
Innovative
These are entrepreneurs who are to follow the path shown by innovative entrepreneurs.
Innovative
Imitating
Social Entrepreneurs
Fabian
Which of the following does not belong to the group?
Skills management
Risk taking
Conduct research
Make no changes with his product
Entrepreneur means:
Risk taker
To undertake
To research
To improve standard of living
It is a personality factor which means “doing things even before being told.
proactive
perseverance
persuasion
initiative
It is a personality factor which means convincing customers to buy the product.
Proactive
Persuasion
Self-confidence
Risk-taker
Which of the choices is NOT part of the environmental factors?
Political
Weather condition
Climate
Family background of the manager
All except one does NOT belong to the group. Which one is it?
Unfair trade practices
Strikes
Political protest
Product
The entrepreneur who is skeptical about the changes in the company is called
Fabian
Social entrepreneur
Drone
Imitating
Which is NOT a career for an entrepreneur?
Business consultant
Sales
Research and Development
Domestic Helper
They are entrepreneurs who drive social innovation and transformation in various fields.
Drone
Social entrepreneur
Fabian
Imitating
Which of the statements below is true?
Entrepreneurs have limited career opportunities
Entrepreneurs are prone to constant high income.
Entrepreneurs are contributors to the development of the society.
Entrepreneurs are the reasons for the unemployment problem.
Which of the statements is NOT true?
An entrepreneur will patiently wait for his efforts to bear fruit.
The profit of the entrepreneur is immediate
All entrepreneurs are successful.
Entrepreneurs are researcher
Which of the following is NOT true?
Entrepreneurship creates organizations.
Entrepreneurs improve the life of the entrepreneur alone.
Entrepreneurs improves the economy.
None of the choices
It is the process of considering, evaluating, and pursuing market-based activities that are believed to be advantageous for the firm.
Opportunity seeking
Opportunity seizing
Opportunity screening
Sources of opportunity
This is essential to opportunity seeking which allows the entrepreneur to see things in a positive and optimistic light in the midst of crisis or difficult situations.
Entrepreneurial mind frame
Entrepreneurial gut game
Entrepreneurial heart flame
Entrepreneurial heart frame
It is the ability of entrepreneur that can sense without using the five senses, also known as intuition.
Entrepreneurial mind frame
Entrepreneurial gut game
Entrepreneurial heart flame
Entrepreneurial heart frame
One of the essetials of entrepreneur’s opportunity seeking that refers to the driven passion of an individual.
Entrepreneurial mind frame
Entrepreneurial gut game
Entrepreneurial heart flame
Entrepreneurial heart frame
What variable of societal environment includes income level and employment rate?
Economic forces
Sociocultural forces
Political forces
Technological forces
A. Preferences and tastes of the customers easily change.
B. The buyer has the potential for backward integration.
C. The cost of switching the supplier cost is minimal.
D. Product differentiation is highly noticeable.
Which are the factors of the substitute product that pose a great threat in the industry environment?
A, B, C, D
A and C
A and D
B and C
A. Preferences and tastes of the customers easily change.
B. The buyer has the potential for backward integration.
C. The cost of switching the supplier cost is minimal.
D. Product differentiation is highly noticeable.
Which are the factors that influenced the buyer to have a less threats because of the bargaining power?
A only
A and C
A and D
B and C
They are the one that pays cash in exchange to your goods and services.
Buyers
Competitors
Sellers
Suppliers
The intensity of rivalry among existing firms is characterized to the following factors except one:
Diversity of rivals.
Number of competing firms.
Characteristics of the products or services.
The product represents a high percentage of the buyer’s cost.
The following are the forces competing within the industry except one:
Potential new entrants and Substitute Products
Buyers and Suppliers
Rivalry among existing firms
Needs and Wants
Which of the following good sources of entrepreneurial ideas determine the interest, hobbies and preferences of people.
Changes in the environment
Technological discovery
People’s Interest
Past experiences
Societal environment includes the following, except:
Economic forces
Sociocultural forces
Political forces
Natural resources
Which among the following is the result of identifying entrepreneurial opportunities?
Creation of entrepreneurial ideas
Opening of entrepreneurial venture
Sources of opportunity
Entrepreneurial process
What entrepreneurial idea will you recognized, if you consider the new discovery and advancement of technology as source of opportunity?
Changes in the environment
Technological discovery and advancement
Government’s thrust, programs, and policies
People’s interest
Source of entrepreneurial idea where expertise and skills developeb by a person from its previous work can lead to the opening of a related business enterprise.
Government’s thrust, programs, and policies
Past experiences
People’s interests
Technological discovery and advancement
