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Brain teaser

Total questions: 11

Worksheet time: 6mins

Name
Class
Date
1.

What Is Entrepreneurship? Which of the below is NOT the answer?

a)

a process by which individuals pursue opportunities

b)

art of turning an idea into a business.

c)

assemble and then integrate all the resources needed.

d)

art of making money

2.

What is Corporate Entrepreneurship?

a)

Finding new network for business

b)

Process of creating and developing new ideas, within an organization

c)

Finding the right customer

d)

Creating more money for the company

3.

Which of the below is the characteristics of a entrepreneurial firm?

a)

Risk-averse

b)

Wait and see approach

c)

Less innovative

d)

Risk taking

4.

Why Become an Entrepreneur? Which of the below is not the reason?

a)

Desire to be their own boss

b)

Desire to pursue their own idea

c)

Financial rewards

d)

Because Mr Vincent ask to become

5.

Entrepreneurs believe that the business will positively influence people’s lives. This statement best referring to _______

a)

Product/Customer Focus

b)

Tenacity (determination) Despite Failure

c)

Passion for the Business

d)

Execution Intelligence

6.

What is step 1 in assessing product/service demand?

a)

Talking Face-to-Face with Potential Customers

b)

Using Online Tools

c)

Library, Internet, and Gumshoe Research

d)

Study this subject

7.

Utilize online tools to gauge (measure) reactions from potential customers. This refers to step number _____

a)

1

b)

2

c)

3

d)

4

8.

Gumshoe Research is also seen as someone acting like a ______

a)

Policeman

b)

Investigator

c)

Fireman

d)

Kpop Artist

9.

Which of the below is NOT a common mistake in putting a new venture together?

a)

Having not qualified family member

b)

Assuming that previous success in other industries automatically translates to your venture’s industry.

c)

Presenting a “one person team” philosophy

d)

Having a good mix of talents in the team

10.

What are the advantages of starting a venture as a team?

a)

Team members may not get along.

b)

founders have similar areas of expertise, they may duplicate rather than complement one another.

c)

Conflicts easier to hapopen

d)

Teams bring more talent, resources, and ideas to a new venture.

11.

This is week 5 - Hows the class so far?

a)

Amazing

b)

Ok ok je

c)

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