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ENTREPRENEURSHIP ASSESSMENT NO. 1

Total questions: 15

Worksheet time: 9mins

Name
Class
Date
1.

1.    What do you call the process of developing, organizing, and running a new business to generate profit while taking on financial risk?

(a)  

2.

1.    The entrepreneurs who create new ideas are called ______________

a)

. a. Innovative

b)

 b. Imitating

c)

c. Fabian

d)

d. Drone

 

3.

It is a personality factor which means “doing things even before being told.

a)

proactive

b)

perseverance

c)

persuasion

d)

  initiative

4.

Which of the choices is NOT part of the environmental factors?

a)

Political

b)

Weather condition

c)

Climate

d)

Family background of the manager

5.

Which is NOT a career for an entrepreneur?

a)

Business consultant

b)

Sales

c)

Research and Development  

d)

Domestic Helper

6.

Which of the statements below is true?

a)

Entrepreneurs have limited career opportunities.

b)

Entrepreneurs are prone to constant high income.

c)

Entrepreneurs are contributors to the development of the society.

d)

Entrepreneurs are the reasons for the unemployment problem.

7.

Which of the following does not belong to the group?

a)

Skills management

b)

Risk taking    

c)

Conduct research

d)

Make no changes with his product

8.

What are the two factors of Entrepreneurship?

(a)  

9.

The entrepreneur can be compensated by his profit coming from the operation.

(a)  

10.

What type of entrepreneur who is die-hard conservatives even ready to suffer the loss of business?

(a)  

11.

It is a personality factor which means convincing customers to buy the product.

a)

Proactive

b)

Persuasion

c)

Self-confidence

d)

Risk-taker

12.

Which of the statements is NOT true?

a)

An entrepreneur will patiently wait for his efforts to bear fruit.

b)

The profit of the entrepreneur is immediate.

c)

All entrepreneurs are successful

d)

Entrepreneurs are researcher.

13.

An entrepreneur must have the ability to be the first to see business chances.

(a)  

14.

What are the four (4) main types of Entrepreneurship?

(a)  

15.

What are the three important word/s in entrepreneurship?

(a)