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Entrepreneurship practice

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Management is a process of _________ the organization’s resources.

a)

planning, leading, coordinating and adjusting

b)

planning, leading, organizing and controlling

c)

planning, distributing, locating and conducting

d)

planning, organizing, locating and monitoring

2.

Business ethic is important because _________.

a)

it can creates more income to the business

b)

it can help to reduce investment risk

c)

it improve entrepreneur’s skills and knowledge

d)

it is a social responsibility to the public

3.

Factors pertaining to self-evaluation in identifying, evaluating and choosing a business opportunity are as follows, EXCEPT __________.

a)

experience

b)

networking

c)

financial positions

d)

current trends

4.

A capital that used to buy the raw materials, pay bills and pay employee salary is called ________.

a)

permanent capital

b)

working capital

c)

growth capital

d)

contingency capital

5.

Which of the following is representing entrepreneur’s responsibility towards its competitor?

a)

practice healthy competition

b)

Create more job opportunities

c)

Initiate a lots of research and development (R&D) activities

d)

Improve lifestyle of the society

6.

Listed below are the primary resources in searching business opportunities, EXCEPT:

a)

survey

b)

interview

c)

reports

d)

experiments

7.

Which of the followings is categorised as other expenses?

a)

renovation

b)

signboard

c)

utilities

d)

grand openings

8.

The lower level managers needs to have ________ the most comparing to the other managers.

a)

marketing skills

b)

communication skills

c)

conceptual skills

d)

technical skills

9.

 ________ or known as mid-term planning is normally conducted by middle-level managers.

a)

strategic planning

b)

tactical planning

c)

operational planning

d)

contingency planning

10.

An organizational structure that divided the staff according to location is called as _______.

a)

functional structure

b)

geographical structure

c)

social structure

d)

matrix structure