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GEENT01X - Quiz #1 - 14April

Total questions: 10

Worksheet time: 6mins

Name
Class
Date
1.

We can trace the history of entrepreneurship all the way back 17000 B.C between merchants and ________.

a)

barters

b)

sellers

c)

suppliers

d)

voyagers

2.

What French word inspired the term entrepreneur?

a)

entreprendre

b)

enteprende

c)

entre-prende

d)

entreprende

3.

Whose management thinker stated that "pursuing opportunities without regard to resources currently at hand"?

a)

Howard Stevenson

b)

Peter Drucker

c)

Henry Mintzberg

d)

Michael Porter

4.

Whose management thinker stated that being an entrepreneur is a trait that one can develop and learn over the years?

a)

Howard Stevenson

b)

Peter Drucker

c)

Henry Mintzberg

d)

Michael Porter

5.

Whose management thinker stated that being an entrepreneurship is a combination of craft, art, and science.

a)

Howard Stevenson

b)

Peter Drucker

c)

Henry Mintzberg

d)

Michael Porter

6.

This is a type of business that is owned and managed by one individual.

a)

Sole Proprietorship

b)

Partnership

c)

Corporation

d)

Cooperative

7.

A type of business that is co-owned by two or more people?

a)

Sole Proprietorship

b)

Partnership

c)

Corporation

d)

Cooperative

8.

What type of business has a greater access to capital and can transfer ownership?

a)

Sole Proprietorship

b)

Partnership

c)

Corporation

d)

Cooperative

9.

Which among the choices below is a type of business that has tax exempted earnings?

a)

Sole Proprietorship

b)

Partnership

c)

Corporation

d)

Cooperative

10.

What are the three elements that compose a national economy?

(a)