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Entrepreneurship

Total questions: 25

Worksheet time: 50mins

Name
Class
Date
1.

What is Entrepreneurship?

a)

Starting a new career

b)

Managing career

c)

Running your own business

d)

Supporting a business person

2.

What are the duties of an entrepreneur?

a)

Talking to customers

b)

Managing finance and budgets

c)

managing the business

d)

all of the above

3.

An entrepreneur runs a business mainly to____.

a)

Gain experience

b)

Work

c)

Support other business

d)

Earn Profits

4.

What is the most important skill needed for a successful Entrepreneur?

a)

Earning Money

b)

Serving the Society

c)

Having an Entrepreneurial Mindset

d)

Expanding markets

5.

An entrepreneur can help the society by ___.

a)

Seeking new opportunities.

b)

Marketing the product.

c)

Work with a team of people.

d)

Creating job Opportunities.

6.

Qualities of a strong entrepreneur are_____.

a)

Learning from Failures

b)

Building relationship with customers

c)

Working hard

d)

All of the above

7.

Pooja started a food court which gave good profit, with many customers. One year later, her customers reduced. What should Pooja do to solve this problem?

a)

Change the cooking style

b)

Collect the feedback from the customers

c)

Close the food court.

d)

Change her business

8.

Raju wants to start a Textile shop, which of the following is the first step?

a)

Rent a shop

b)

Purchase new Fabrics

c)

Business plan

d)

Hire staff

9.

What is sell - Employment?

a)

Business person

b)

Freelancing or running a business rather than working

c)

Sell food items

d)

Entrepreneur

10.

A person who hires other people for their business is an ______.

a)

Self - Employed

b)

Employee

c)

Entrepreneur

d)

Employer

11.

What are the qualities of an entrepreneur that a self - employed person also needs to have?

a)

Creative thinking

b)

Problem solving

c)

Customer service

d)

All of the above

12.

Vidya is single-handedly selling homemade pickle to her neighbors. Who is Vidya?

a)

Seller

b)

Self-emplyed

c)

Entrepreneur

d)

Distributor

13.

How does market scan or Market survey help a business?

a)

Give an idea about the customers

b)

Help understand about other similar business

c)

Help to make the business plan

d)

All of the above

14.

Market scan can be conducted to find out _____.

a)

Information on customers need

b)

Information on new trends

c)

Information on competitiors

d)

All of the the above

15.

Geetha wants to start a tailoring shop (boutique). Her trainer asked her to do a Market Scan (Survey). Geetha should do the Market Scan in ____.

a)

Bakery sector

b)

Beauty Parlours

c)

Tailoring and Textile Industry

d)

Packing company

16.

Customer's needs can be understood through _____.

a)

Customer Survey

b)

Selling

c)

Talking to our family

d)

Customer service

17.

An Entrepreneur needs to maintain good ____ with his customers.

a)

Communication

b)

Relationship

c)

Behavior

d)

Friendship

18.

Customers like a product or service because of _____.

a)

Price

b)

Good quality

c)

Feel of the product or service

d)

All of the above

19.

Product and service are two things that can be sold. Product is what can be seen, touched and used. Service is what we _____.

a)

Buy from vegetable shop

b)

Feel, Experience and Enjoy

c)

Play with Gpay

d)

Do not enjoy

20.

Select the example of a service from the options.

a)

Masala dosa

b)

Mobile Repair

c)

Water Bottle

d)

Chicken kabab

21.

The business idea should _______.

a)

Satisfy only my needs

b)

Fulfill needs or solve problems

c)

Save the world

d)

None of the above

22.

A good business idea for a young or new entrepreneur should be sustainable. This means _____.

a)

It is easy to use

b)

It has many details

c)

It has budget

d)

It is planned for the present and future business growth

23.

A _____ is a document with complete strategy for the business.

a)

Strategy Report

b)

Action Plan

c)

Business Plan

d)

Stakeholder rEPORT

24.

_____ IS RUN BY GOVT. OF INDIA TO IMPLEMENT RULES AND REGULATIONS OF THE ENTERPRISES.

a)

MSDE

b)

MSME

c)

NIMI

d)

DGT

25.

In SWOT, S is _____

a)

Solve

b)

Strength

c)

Struggle

d)

Success