NEW
Font size
WorksheetsChapter 1: Entrepreneurial Perspective
Total questions: 10
Worksheet time: 8mins
Who is referred to as highly enterprising and can see and evaluate business opportunities gather necessary resources?
What do you call the introduction of a new method, procedure, and improved substitution?
What are the rewards of an entrepreneur?
Help others
Earn profit
Top his/her creativity
All the above
What is the main motive of business?
Which is not a form of innovation?
Process
Product
Cheaper substitution
Vintage Product
TRUE or FALSE: Innovation refers to the actual introduction of an old product or process.
TRUE
FALSE
TRUE or FALSE: Prestart-up stage happens when the entrepreneur starts to question the feasibility of an idea, product, or service.
TRUE
FALSE
TRUE or FALSE: An entrepreneur starts, manage and ignores the risk in a business enterprise.
TRUE
FALSE
TRUE or FALSE: In business, we need to assume the risk to be prepared.
TRUE
FALSE
TRUE or FALSE: Entrepreneurs need to generate the necessary capital before starting a business venture.
TRUE
FALSE
