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PSY111_ENTREPRENEURSHIP

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Which of the following refers to the economic activity of a person who starts, manages, and assumes risk of a business enterprise?

a)

Entrepreneurship

b)

Business Negotiations

c)

Corporation Deals

d)

Start-up Preparation

2.

Which among the following statements is correct?

a)

A businessman focuses on innovations, employee, customer, and public.

b)

The risk factor of an entrepreneur is approximately higher compared to businessman.

c)

An entrepreneur only focuses on making profits.

d)

The person who undertakes entrepreneurial activities is called a businessman.

3.

True or False:

Here in the Philippines, the government sees entrepreneurship as the sole means to address the poverty problem. Hence, entrepreneurial ventures are really being encouraged.

a)

True

b)

False

4.

The following are types of entrepreneurship EXCEPT:

a)

Entrepreneurs Inside

b)

Intrapreneurship

c)

Family Business

d)

Predictive Approach

5.

True or False:

Innovation is defined as the introduction of a new method, procedure, device, etc.

a)

True

b)

False

6.

The following are examples of successful innovation EXCEPT:

a)

Cellular phones used as a way of communication.

b)

Karaoke appliance used by people for entertainment.

c)

The use of computers by architects in designing buildings.

d)

The use of mechanical typewriters by authors in writing novels.

7.

True or False:

According to the lesson, there are 6 important skills of an entrepreneur.

a)

True

b)

False

8.

True or False:

According to the skill of play, entrepreneurs may try more serious educational games such as simulations and reality games to challenge their creativity.

a)

True

b)

False

9.

True or False:

According to the skill of experimentation, entrepreneurs may try having empathy to help them in having a meaningful relationship with stakeholders.

a)

True

b)

False

10.

Which of the following refers to being sympathetic with the feeling, situation, purposes, opinions, and wants of other people?

a)

Melancholy

b)

Apathy

c)

Sympathy

d)

Empathy