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Evolution of the concept of Entrepreneur

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Identify the suitable appraisal that affects the business based on values, beliefs, norms,

and fashions of a particular society.

a)

Socio-cultural appraisal

b)

Demographic Appraisal

c)

Technological Appraisal

d)

Government Appraisal

2.

Governments identify ventures based on

a)

EIN number

b)

Entrepreneur name

c)

Company name

d)

TIN number

3.

_______________________ is an important source of idea generation due to their familiarity

with the needs of market.

a)

Distribution channels

b)

Federal government

c)

Existing products and services

d)

Consumers

4.

Identify the most important characteristic of a successful business website.

a)

Speed

b)

Innovation

c)

Creation

d)

Product

5.

SBA stands for

a)

Small business administration

b)

Small business Accounts

c)

Small business adequacy

d)

Small business Advisor

6.

Schumpeter considered that innovative entrepreneurs would

a)

Be absorbed within large innovative firms

b)

Disappear

c)

Thrive

d)

Focused

7.

Women generally lack _____________ in their own capabilities

a)

confidence

b)

Exact Plan

c)

Knowledge

d)

Finance

8.

Identify the industrial sector which tends to naturally promote small-scale businesses and

Entrepreneurship.

a)

Service

b)

Manufacturing

c)

Agriculture

d)

Distribution

9.

Hair salons, car washes, and dog kennels are examples of

a)

service businesses

b)

Scalable businesses

c)

Small businesses

d)

corporate businesses

10.

____________ entrepreneurs are driven by their desire to succeed and make money.

a)

Hustler

b)

Social

c)

Innovators

d)

Imitators