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Entrepreneurship By enactus E-JUST

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

A person who works for someone else:

a)

Aptitude

b)

Employee

c)

Entrepreneur

d)

Entrepreneurship

2.

___________ is refer to some one who undertakes a business venture.

a)

An Entrepreneur

b)

A Business Manager

c)

A Business Man

d)

Supervisor

3.

What is entrepreneur?

a)

Entrepreneurs are individuals who are popular

b)

A businessman

c)

Derived from the Italy language, entreprendre, meaning assume respons

d)

Derived from the French language, entreprendre

4.

An entrepreneur has the following  personal characteristics except:

a)

Overambitious

b)

Goal-oriented

c)

Self- confident

d)

Creative

5.

Refers to the economic activity of a person who starts, manages, and assumes the risk of a business enterprise.

a)

Entrepreneurship

b)

Intrapreneurship

6.

Entrepreneurship contributes to:

a)

Employment opportunities

b)

Career alternatives for women and minorities

c)

Economic growth

d)

All of the above

7.

The person who creates value by moving resources out of less productive areas into more productive ones is called:

a)

A Business guru

b)

A Magician

c)

A Banker

d)

An entrepreneur

8.

__________ is one among the factors that influence entrepreneurship.

a)

Inheritance

b)

Life-path Circumstance

c)

Desire

d)

Economic growth

9.

the advantages of digital entrepreneurship is?

a)

Easy to reach target audience

b)

Convert social followers to email contacts

c)

Build your customer profile

d)

Build Customer Loyalty with Social Media

10.

What means to begin to conduct business all over the world?

a)

Entrepreneurship

b)

Globalization

c)

Risk

d)

Innovation

11.

Brainstorming new ideas with others is:

a)

A creative activity

b)

An examination

c)

A tasking activity

d)

All of the above

12.

All are opportunities except:

a)

Wants

b)

Problems & Challenges

c)

Solutions

d)

Needs

13.

All are raw materials for generating good ideas except:

a)

Experiences

b)

Observations

c)

Feeling and other stimuli

d)

Inheritance

14.

The phrase "quantity breeds quality" described which guideline in brainstorming:

a)

Seek unusual or wild areas

b)

Combine and build on ideas.

c)

Strive for quantity

d)

Defer Judgment

15.

"Bootstrapping" is a source of capital:

a)

FALSE

b)

TRUE

16.

The "bank of Dad and Mom" is not a source of capital.

a)

TRUE

b)

FALSE

17.

All are the process of entrepreneurship except:

a)

Education

b)

Raising Start-up capital

c)

Planning

d)

Growth

18.

To meet the goals, the entrepreneur may develop plans such as:

a)

Family Plan

b)

Business Plan

c)

Building Plan

d)

Town Plan

19.

All are the typical structure for a business plan except:

a)

Financial Plan

b)

Executive summary

c)

Borrowing Plan

d)

Operational Plan

20.

What does Enactus stand for?

answer choices

a)

Entrepreneurship Along with Us

b)

Entrepreneurs Act with Us

c)

Entrepreneurial Action by Us

d)

Empower Action with Us